Global stock markets up amid Trump tariffs exemptions for electronics

[ad_1] Main inventory markets in Asia and Europe rose in Monday buying and selling following the U.S. announcement that key shopper electronics could be quickly exempted from President Donald Trump's reciprocal tariffs.

Hong Kong's Hold Seng index led the regional beneficial properties, closing 2.4% up with the Hold Seng Tech Index up greater than 2%.

On the mainland, Shanghai's Composite Index rose 0.76% and Shenzen's Element Index rose 0.51%.

In Japan, the Nikkei 225 in Tokyo rose 1.18% whereas the broader Topix index rose almost 0.9%.

Elsewhere, South Korea's Kospi index grew 0.95% and Australia's S&P/ASX 200 closed 1.34% increased. Taiwan's Taeix index slipped by 0.08%.

Tech shares carried out significantly properly. Tokyo Electron grew 2%, Advantest -- a testing tools maker -- rose 5.4% and South Korea's Samsung Electronics gained 1.4%.

A lady walks previous a inventory citation board exhibiting Nikkei share common outdoors a brokerage in Tokyo, Japan, on April 14, 2025.

Kim Kyung-hoon/Reuters

In Europe, the pan-continental STOXX 600 rose 1.8% on opening. Germany's DAX index rose greater than 2%, France's CAC 40 rose 1.9% and Britain's FTSE 100 rose 1.95%.

U.S. futures have been additionally trending up. Dow Jones futures have been up 0.71% as of Monday morning, S&P 500 futures have been up 1.19% and Nasdaq futures up 1.57%.

Smartphones, computer systems, flat panel TV shows, reminiscence chips, semiconductor-based storage gadgets and different electronics are among the many gadgets excluded from the Trump administration's reciprocal tariffs, in response to a bulletin from the U.S. Customs and Border Safety printed Friday night time.

The information prompt attainable aid for tech corporations involved by Trump's 145% tariffs on all items from China. However the president and his financial advisers pressured over the weekend that any reprieve could be short-term, with particular tariffs to be imposed on items put beneath a brand new nationwide safety classification.

Forex merchants watch displays close to a display exhibiting the Korea Composite Inventory Worth Index on the international change dealing room of the KEB Hana Financial institution headquarters in Seoul, South Korea, on April 14, 2025.

Ahn Younger-joon/AP

Trump posted to Fact Social on Sunday saying there was "was no Tariff 'exemption' introduced on Friday" and that semiconductor tariffs will "simply be shifting to a distinct Tariff 'bucket.'"

"NOBODY is getting 'off the hook' for the unfair Commerce Balances, and Non Financial Tariff Boundaries, that different International locations have used in opposition to us, particularly not China which, by far, treats us the worst!" Trump wrote.

"We're looking at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN within the upcoming Nationwide Safety Tariff Investigations," Trump added.

Trump didn't push again Saturday night time when a reporter requested for particulars on "exemptions."

"I will provide you with that reply on Monday. We'll be very particular on Monday," Trump stated. "We're taking in some huge cash. As a rustic, we're taking in some huge cash."