China Hit With 54% “Reciprocal Tariff” Rate Following Trump Address. 3 Things Pinduoduo Stock Investors Should Know
Shares on Thursday in response to President Donald Trump’s “mutual tariffs”.
While the President welcomed his desire to punish tariffs, to try to balance the trade deficit, which has the contributors to their size. China has long served a scapegoat that may not be surprising that the goods imported from China will now stand 54%.
US stocks poured on news, but the impact on Chinese lists was much more modest, as Ishares Msci China Etf Decreased by only 0.9% on Thursday.
International stocks exceed US shares this year, and it makes sense. International shares are not only less likely to weaken Trump’s trade war and the weakening of consumer confidence in the United States, but the assessments are much lower in international shares, especially in the year.
China’s shares are especially cheap right now, and in recent years the performer is PDD HOLDINGS (NASDAQ. PDD)Parent of Pinduoduo and Temu, which is difficult Alibaba aeration of Jd.com In China for e-commerce priority. Let’s look at which PDD stock investors should know about tariffs.
The 54% tariffs in China will affect the Chinese economy in a number of ways. Are already similar to a number of companies Nika Some of the countries like Vietnam have taken to neighboring countries from China, and that trend can accelerate, as companies who want to avoid tariffs, move to a low pace or even the United States.
In 2024, US imports from China amounted to $ 438.9 billion. In addition to sending production from China, the trading war can also weigh on a weak Chinese economy if it makes it more expensive, and China has already said that it will make its own tariffs.
The amount of influence on the Chinese economy is unknown, but more consumer weakness will be considered on e-commerce operators such as PDD Holdings.
PDD Holdings does not violate its income according to the region, but the company has made significant efforts for Temu marketing, its low cost e-commerce platform, so it is more competitive and other retailers.
Contricolative He responded to the threat of Temu and Surin, operating Haul, his low cost platform, although it is not clear how it is happening.
English