Chinese Stocks’ Tariff Reprieve Is Likely to be Only Temporary
- CSI 300 Index posts tiny gain as Trump holds off on tariffs
- It’s not yet time to buy Chinese stocks, Lazard’s Temple says
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President Donald Trump gave China’s stock market a pleasant surprise by not announcing any tariffs on the Asian nation on his first day in office. But investors aren’t resting easy.
Trump, who threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, left traders guessing on his China plans by declining to say when he would impose additional levies. While Chinese stocks in Hong Kong gained more than 1% on Tuesday, the uncertainty has some investors bracing for more volatility in the days ahead.