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The global stock markets rebounded on Monday despite the American warnings that a suspected price for some consumer electronics would be temporary, because investors hoped that American technological groups and consumers could be spared by the worst of the Donald Trump trade war.
American term contracts and European actions have increased while Asian markets have progressed after the White House exempted smartphones, laptops and other devices of the so-called Reciprocal Prices of Trump, including a 145% levy on imports from China.
The cuts have been considered a boost for apples and other technological groups which depend strongly on Chinese factories to make iPhones and other goods.
Trump and other US officials have played the idea of a stay and said that the sectoral prices on electronics would still have an effect in a government survey on semiconductors, which are faced with a series of distinct rates.
The American president wrote on his social platform Truth: “No one launches” out of the hook “for unfair trade sales and non-monetary tariff barriers, that other countries have used against us, in particular not China which, by far, treats us the worst!”
In comments later to Air Force One journalists, Trump said that his administration would show the “flexibility” of certain products and reported the market he was going to talk to key companies to discuss the prices.
When asked what would be the semiconductor rate rate, Trump told journalists that he “announced it in next week.”
“It is clear that concerns, American assets are still in place,” said Mitul Kotecha, head of the Macro Strategy of emerging markets in Barclay [US] Treat »with China.
“The markets take the sign of relief they can,” he said.
The markets in Asia have rebounded, led by the Hang Kong Hang Seng index up 2.1%, the Nikkei 225 Japanese index increased by 1.2%and the wide topix up 0.9%.
The term contracts on the S&P 500 increased by 1.3% while those of the Nasdaq 100 of the technology increased by 1.6% in the morning in the morning. In Europe, the FTSE 100 increased by 1.4%, while the Stoxx Europe 600 was 1.6% higher at the start of negotiations.
After reaching a three -year hollow on Friday, the US dollar fell 0.9% on Monday against a basket of trade partners, while investors continued to be wary of the increase in their exposure to American assets.
The yield of the US Treasury at 10 years old, a crucial reference for expectations on future growth in the United States, dropped by 0.03 percentage points to 4.46%-still well above the yield of 4.17%, it was before the “day of release of the Trump rate on April 2.
The CSI Continental Chinese 300 increased by 0.5%, as official data showed that exports from the second world economy jumped last month in the middle of the precipitation of expeditions before prices take effect.
Exports increased by 12.4% in US dollars in March a year earlier, Chinese customs administration figures showed on Monday, well above expectations and the greatest increase since October.
Imports dropped by 4.3%, a stronger contraction than the 8.4% drop in January-February period.
