Overview
- Nio stock traded down about 3.4% to $6.93 on Tuesday as both countries began imposing new port fees on ships, escalating trade frictions, according to Benzinga citing BBC.
- China’s levies start at 400 yuan per net tonne and are set to rise to 1,120 yuan by April 2028, targeting US-owned, operated, built, or flagged vessels and mirroring recent US charges.
- Beijing also tightened rare earth export controls and sanctioned five US subsidiaries of Hanwha Ocean, while President Trump threatened an additional 100% tariff on Chinese goods.
- Monday’s rebound saw Nio up roughly 6.7% to $7.16 after Trump posted conciliatory comments, with stronger September export growth of 8.3% year over year also supporting Chinese equities.
- Company signals continue to be watched, including longer Onvo delivery windows and Firefly’s 666-unit ‘Night Creature’ limited edition, as investors gauge prospects for a first profitable quarter in Q4 2025 and a 150,000 delivery target.