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Asian tech stocks drop when Trump doubles tariffs to put investors on the edge | Real Time Headlines

Employees moved semiconductor testers on assembly line at Advantest Plant in ORA, Japan on August 10, 2012.

tomohiro ohsumi | Bloomberg | Getty Images

Asian technology and chip-related stocks fell on Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would take effect as planned.

Trump says the U.S. will impose 25% tariff About Canada and Mexicoadding that there isMexico or Canada has no space“Add to negotiate an alternative to tariffs.

Trump also said he would impose an additional 10% tariff on Chinese imports, which already imposes a 10% tariff that came into effect in February.

Asian tech stocks are also under pressure from AI dear nearly 9% NvidiaStocks overnight.

Japanese semiconductor equipment manufacturer The most advantage The lowest level since October has dropped by as much as 9%, while chipmakers Renesas Electronics Loss of 6.35%.

Technology Investors SoftBank Group It fell by 6.25%. The company’s CEO Masayoshi’s son According to a news report published over the weekend, it is planned to borrow $16 billion to invest in artificial intelligence.

In South Korea, SK Hynix’s stock lost 3.26%, while Samsung Electronics After its launch, the trend has risen by nearly 1% Galaxy A series smartphones It has AI-driven functions.

Chinese AI-linked stocks also fell Alibaba and Kingsoft Cloud The decline was as much as 2.23% and 8.46%.

At the same time, the shopping platform Meituan Lossed 0.62% by electronic car manufacturer Bit Plunge by 6.60%, xpeng Trading is 1.97% lower, Li Che Loss of 2.68%.

Chinese Science and Technology Major TencentStock trading heights in Hong Kong increased by 0.91%.

In Taiwan, share Taiwan Semiconductor Manufacturing Company It lost more than 2% on Tuesday after Trump said the company would invest $100 billion in the U.S. to strengthen its chip manufacturing industry. Investment isThe huge move of the world’s most powerful company,” Trump said.

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