Hong Kong stocks recently surged even as current President Trump warned that he could impose tariffs on China if the ongoing TikTok deal is approved. The market shrugged off the crisis, with investors remaining optimistic even as tensions between the US and China continue to dominate headlines. While Trump’s comments certainly surprised some, it seems traders are more focused on the macroeconomic outlook than the risks associated with the TikTok deal. It will be interesting to see how things unfold, especially with the constantly changing dynamics of US-China relations.
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