Asian Markets React to Trump Victory with Mixed Performance

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Source: CNBC
Asian Markets React to Trump Victory with Mixed Performance
Photo: CNBC
TL;DR Summary

Asia-Pacific markets experienced mixed trading following Donald Trump's victory in the 2024 U.S. presidential election, with Japan's Nikkei 225 and South Korea's Kospi declining, while Hong Kong's Hang Seng and China's CSI 300 saw gains. The U.S. stock market hit record highs, driven by expectations of favorable policies for traditional automakers like Ford and GM under Trump's administration. Meanwhile, Taiwan plans to assist companies in relocating from China due to anticipated tariffs, and China's exports exceeded expectations despite a drop in imports.

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