Hong Kong stocks rise for a second day as investors shrug off Trump’s latest tariffs

Quick Summary:

Trump’s 25 per cent tariffs on US car imports to take effect from April 2, saying this would spur growth.

Trump on Wednesday signed an executive order to slap a 25 per cent tariff on all car imports effective from April 2, saying “this will continue to spur growth”.

Geely Auto fell 1 per cent to HK$17.00, while Xiaomi fell 4.2 per cent to HK$51.70 and Nio dropped 5.1 per cent to HK$32.55.

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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets: Hong KongPanama

Topics: Imports Hang Hong President Cent Rose Trump Donald Kong Tariffs Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 11:00:43 (6 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 265 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27499326

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Official Website: scmp.com

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News Last Updated: 6 hours ago

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