Alibaba, Baidu, JD, Tencent And Other Chinese Stocks Tumble As Trump's Tariff Threats Renew US-China Trade Fears - Alibaba Gr Hldgs (NYSE:BABA)
Hong Kong and mainland China stocks fell sharply after the US announced 100% tariffs and export controls, with the Hang Seng Index dropping 2.5%, according to market data.
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On Friday, Donald Trump said he was considering imposing an additional 100 percent tariff on China after the latter tightened rules on rare earth metal exports.
Stock Market Today: Dow, S&P 500, Nasdaq Open Up; Nvidia, Tesla, AMD, Alibaba, More Movers; Trump China Trade Fears; Bitcoin Recovers
The Dow, S&P 500, and Nasdaq are rising after the stock market dived in the previous session on President Donald Trump's comments about China tariffs.
Alibaba, Baidu, JD, Tencent And Other Chinese Stocks Tumble As Trump's Tariff Threats Renew US-China Trade Fears - Alibaba Gr Hldgs (NYSE:BABA)
Chinese tech stocks like Alibaba, Baidu, and Tencent plunge as renewed US-China trade tensions shake Hong Kong and Chinese markets.
Gamesmanship or Showmanship? - China Last Night
Key News Asian equities were a sea of red despite the weekend backtracking by President Trump and his Administration, following Friday’s tariff escalation threat and market plunge. Hong Kong, Taiwan, and Pakistan underperformed, while Japan was closed for National Sports Day and Thailand was closed for H.M. King Bhumibol Adulyadej Memorial Day. It is critical to recognize that both Hong Kong and Mainland China closed well off intra-day lows: Th…
Stocks tumble amid increased Chinese tariff threat - Gettysburg Connection
Wall Street ended the week sharply lower Friday after President Donald Trump threatened a “massive” increase in tariffs on Chinese imports, rattling investors and reigniting trade war fears. The Dow Jones Industrial Average plunged 878.82 points, or 1.9%, to close at 45,479.60. The S&P 500 fell 2.71% to 6,552.51 — its worst single-day drop since
US stocks closed sharply lower on Friday after President Donald Trump threatened to raise tariffs on imports from China, reigniting fears of a...More...
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