Asian bags close mix after Trump announces car rates

by Andrea
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As Asian bags They closed without a single direction on Thursday (27), with actions of the automotive sector overthrown by announcement of the US President, Donald Trumpthat imported cars will be charged.

The Japanese Index Nikkei fell 0.60% in Tokyo, to 37,799.97 points, amid Mazda Motor (-6%) and Subaru (-5%), while South Korean Kospini retreated 1.39% in Seoul, to 2,607.15 points as Hyundai Motor and Kia bitter 4.3% and 3.5%, respectively, and Taiex registered a loss of 1.39% in Taiwan to 21,951.76 points.

Yesterday, Trump said the US will impose a 25% tariff on car imports from next week, in another gesture that tends to aggravate the trade war.

On the other hand, the US president also said he could consider reducing tariffs against China if Beijing approves the sale of the Tiktok social media application, which may have contributed to sustaining Chinese and Hong Kong markets today.

In mainland China, composite Shanghai rose 0.15%, to 3,373.75 points, while the compound Shenzhen had only marginal, from 0.07%, to 2,044.61 points. Already Hang SENG advanced 0.41% in Hong Kong, to 23,578.80 points.

In addition, official data showed that the profit of the Chinese industrial sector fell 0.3% in the first quarter compared to last year, but presented significant improvement in the decline of 3.3% observed in 2024.

In Oceania, the Australian bag was in the red, interrupting a sequence of five positive trading sessions. S&S ASX 200 retreated 0.38% in Sydney at 7,969.00 points.

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