The shares of the Asian businesses based on exports, from Japanese car manufacturers to the Chinese E -Commerce businesses, fell after US President Donald Trump imposed the first group of customs duties, which is an indication of the beginning of a new round of the World Trade War. On Saturday, Trump filed the 25% of 25% comprehensive customs duties on Canada and Mexico and 10% on China to come into effect on Tuesday, and he promised to take similar steps against the European Union later. The MSCI index of Asia and the Pacific Ocean, about 3% during Monday, dropped in its largest daily decline in 6 months. Asia investors have been waiting for the impact of Trump’s promises to impose major commercial fees, but some expected to postpone or avoid these fees through additional negotiations, especially after Trump’s least tone in the direction of China. Nevertheless, analysts believe that corporate profits will be inevitably damaged, as many of the economies of the region are highly adopted on exports to the United States of America. The impact of customs duties on China could cause new fees to harm Chinese exports and undermine the country’s already shaky economy, which could cause Beijing to take stronger motivational measures to counteract the consequences. Read more: These are the most prominent possible consequences of Trumpdoan fees. “Nomura Holdings,” led by Citan Seth, wrote in a client’s memorandum that “immediate channels that can affect the Asian stock markets at macro economic level are rising the possibility of the US dollar … Manufacturer companies in North America as an important market, where manufactured or collected cars in Mexico are sold near the US border. The shares of “Toyota car”, “Honda car” and “Nissan car”, all of them, at least 5%. Read more: From cars to mining. These are the most prominent sectors affected by Trump fees that have terminated the shares of the South Korean company “Kia”, which owns a Mexico factory, the session is low 5.8%. Chinese manufacturing companies for electric cars that want to expand their presence in the US market, such as “Lee Auto” and “Xping”, have also been damaged as their shares fell on the Hong Kong stock exchange. Other shares linked to Mexico were influenced by some companies that specialize in the production of artificial intelligence equipment in Taiwan, which owns factories in Mexico, as Quanta Computer Inc. shares fell by 10%. Delta Electronics, which also invests in Mexico. Read More: Mexico: Trump -Dubians will also affect the United States. The shares of manufacturing companies unrelated to the car sector in the region, which own factories in Mexico, such as LG electronics. The shares of Indian medicine businesses that produce alternative medicine, as well as suppliers of auto parts that have operational operations in Mexico, such as “Samvardhana Motheson International”, “Tata Motors” and “Lupine”. E -Commerce rejected the shares of Chinese E -Commerce platforms such as “JDD.com” after Trump’s long -term exemption plans canceled the parcels of less than $ 800. The shares of Chinese businesses that produce small perennial goods, which make up a large part of these exempt costs, the shares of the sportswear business, “Li Ning” and the Hayer Smart Home, have dropped by more than 7%. Chips fell the shares of the biggest chips in Asia, including the company “Taiwan Simonkikon Manovakchurring” and “Samsung Electronics”, after Trump announced it would impose the customs on the slides and confirm this promise again after his meeting last Friday with the CEO of “Invidia”, Jensen Huang. At the same time, the shares of the Japanese semiconductor equipment, which depends on the Chinese market, have dropped as a most important source of revenue. The shares of “Tokyo Electron” have dropped 1.7%, “Advancial” and “Disco” by at least 4%. China’s dependence on itself today has increased shares of Chinese chips such as ‘Simonkendic Manovakring International’, with traders expecting customs duties that Trump imposed will speed up Beijing’s efforts to improve self -sufficiency in the manufacturing sector. China wants to develop its capabilities in the production of artificial intelligence chips in the light of Washington’s restrictions on performing what it considers as advanced technology as Beijing. China’s competitors have raised the shares of Indian chemical manufacturing companies, including UPL, and jubilant Ingrevia thanks to the bets that US customs duties on China will help win market shares of Chinese competitors. The shares of the Malaysian glove manufacturers, including SuperMax Corp, Top Glove Corp and “Hartalega Holdings Bhd”. Oil -Raffineries says that Asian oil refinement companies can be one of the beneficiaries of American customs duties, as commercial fees imposed on the oil imports from Canada and Mexico are given an advantage of Asian refineries on their US peers, while their profits benefit from the high rates of oil products. Read more: Trump’s remarks on drawings about Canada and Mexico are urging oil prices, but the shares of Australian mining companies such as “BHP Group” and “Rio Tinto” have dropped in Sydney due to concerns about the low demand for equipment in the light of the world economy in the aftermath of US dead duties.
What is the winning and loss of shares from Trump’s fees?
