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Chinese bags open up despite the new tariff increases between the country and the United States
The reference rates of Shanghai and Shenzhen’s bags have advanced 1.29% and 2.29% on Thursday, respectively, after China raised up to at least 84% tariffs on products from the United States, a measure to which the US president, Donald Trump, responded with total taxes of 125%.
The reference index of the Shanghai bag added around 40 points, while the Shenzhen parquet recorded an advance of about 230 integers. These parks fell 7.34% and 9.66%, respectively, on Monday, after the imposition of tariffs between the two largest economies in the world last week. (EFE)
