Stock Track | Baidu Plummets 5% as US Escalates Trade War with Higher Tariffs on China

Stock Track

02-28

Baidu, the Chinese technology and AI company, saw its stock plummet 5.01% on Friday Feb 28, 2025 during intraday trading.

The sharp decline was likely triggered by escalating trade tensions between the US and China. On Friday, US President Donald Trump announced plans to double the tariff rate on Chinese imports, raising concerns about potential economic slowdowns in the two largest economies.

The increased trade frictions and tariffs weighed heavily on Chinese tech stocks like Baidu. Investors rotated out of equities amid fears that higher tariffs could disrupt China's exports and hurt the nation's economic growth prospects, especially in key industries like technology and AI.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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