Hong Kong Shares Open Higher as Trump Makes U-Turn on Some Retaliatory Tariffs

MT Newswires Live

Apr 10, 2025

Hong Kong shares opened higher Thursday as the White House paused the hefty tariffs on dozens of nations while further boosting levies on Chinese imports to 125%.

The Hang Seng Index gained 545.94 points, or 2.70%, to open at 20,810.43. The Hang Seng China Enterprises Index gained 183.46 points, or 2.4%, to open at 7,719.14.

US President Donald Trump made a U-turn and paused for 90 days the tariffs on most trading partners, sparking a rally in global markets. US Treasury Secretary Scott Bessent said the government had planned the turnaround to ignite negotiations with other countries.

However, the US leader has further put pressure on China, saying he would raise tariffs on Chinese imports to 125% from 104% after the world's second-largest economy imposed 84% retaliatory tariffs on US imports.

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The Hang Seng China Enterprises Index gained 183.46 points, or 2.4%, to open at 7,719.14.</p><p>US President Donald Trump made a U-turn and paused for 90 days the tariffs on most trading partners, sparking a rally in global markets. US Treasury Secretary Scott Bessent said the government had planned the turnaround to ignite negotiations with other countries.</p><p>However, the US leader has further put pressure on China, saying he would raise tariffs on Chinese imports to 125% from 104% after the world's second-largest economy imposed 84% retaliatory tariffs on US imports.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"513600","symbol_name":"恒生指数ETF南方","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526223373","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526223373","pubTimestamp":1744250774,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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