Live China responded sharply to Trump’s ultimatum: ‘Let’s fight to the end’
Most Asian-Pacific Stock Exchange in Plus
On the Asian stock markets, the shares prices rose on Tuesday, after a sharp fall in the previous days, as investors encouraged the calming trading on Wall Street and hoped for an agreement between Washington and individual customs countries.
The MCI index of the Asian-Pacific shares was at 7.00 in the plus more than 1 percent.
In doing so, the Japanese Nikkei index jumped more than 5 percent, while shares in South Korea, Shanghai, Australia and Hong Kong rose between 0.2 and 1.6 percent.
The consequence is the correction of the price price, after a sharp drop in the previous days, when the indexes dived to the lowest levels in many years.
The Nikkei index jumped the most this morning because there is reason for optimism in Japan, given the news of possible negotiations with Washington about customs duties.
But China does not yield. After the US President Donald Trump threatened an additional customs of 50 percent to Chinese imports yesterday, if Beijing does not give up on the announced customs duties, China said she would not kneel in front of the blackmail.
The European Commission announced, however, countermeasures on US customs duties, which she should present on Wednesday, but she also said she was open to negotiations.
Positively, Asian markets are affected and milder than the fall of Wall Street was expected. Yesterday, the Dow Jones Index fell 0.90 and S&P 500 0.23 percent. The Nasdaq index even strengthened, by 0.10 percent.
