Larger stock markets in Asia and Europe increased on Monday, which acted after the US announcement that the most important consumer electronics would temporarily be exempt from President Donald Trump’s mutual tariffs.
Hong Kong’s Hang Bed -Index led the regional winnings and closed 2.4% with Hang Seng Tech index more than 2%.
On the mainland, Shanghai’s compound index increased 0.76%and Shenzen’s component index increased 0.51%.
In Japan, Nikkei 225 rose in Tokyo 1.18%, while the wider Topix index increased almost 0.9%.
Elsewhere, South Korea’s Kospi -Index grew 0.95% and Australia’s& P/ASX 200 closed 1.34% higher. Taiwan’s Taeix index slid by 0.08%.
Technical warehouses worked especially well. Tokyo Electron grew 2%, abandoned – a test equipment manufacturer – rose 5.4%and South Korea’s Samsung electronics rose 1.4%.
A woman passes by a stock offer showing the Nikkei Aktie average outside a mediation in Tokyo, Japan, on April 14, 2025.
Kim Kyung-Hoon/Reuters
In Europe, Pan-Continental Stoxx increased 600 1.8% at the opening. Germany’s DAX index increased more than 2%, France’s CAC 40 rose 1.9%and the UK’s FTSE 100 rose 1.95%.
American futures were also trending up. Dow Jones Futures rose 0.71% from Monday Morning, p& P 500 Futures rose 1.19% and Nasdaq Futures up 1.57%.
Smartphones, computers, flat panel TV screens, memory chips, semiconductor-based storage devices and other electronics are among the items excluded from the Trump administration’s mutual tariffs, according to a bulletin from US customs and border protection published Friday night.
The news suggested possible relief for tech companies affected by Trump’s 145% duty on all goods from China. But the president and his financial advisers emphasized over the weekend that any postponement would be temporary with specific tariffs that need to be imposed on goods set under a new national security classification.
Currency retailers see screens near a screen showing Korea Composite share price index at the Currency Rate Hall at Keb Hana Bank’s headquarters in Seoul, South Korea, April 14, 2025.
Ahn Young-Joon/AP
Trump posted Truth Social on Sunday and said there was “no duty” exemption “announced on Friday” and that the semiconductor tariffer “just moves to another duty” bucket. “
“Nobody gets ‘away from the hook’ for the unreasonable trade balances and non -monetary customs barriers that other countries have used against us, especially not China, which is far from treating us the worst!” Trump wrote.
“We look at semiconductors and the entire electronics supply chain in the upcoming studies of national security star riff,” Trump added.
Trump did not push back on Saturday night when a reporter asked for details of “exceptions.”
“I’ll give you that answer on Monday. We’ll be very specific on Monday,” Trump said. “We take a lot of money. As a country, we take a lot of money.”
President Donald Trump participates in the Ultimate Fighting Championship, April 12, 2025 in Miami.
Joe Raedle/Getty Images
ABC News’ Selina Wang, Fritz Farrow and Joe Simonetti contributed to this report.
