U.S. President Donald Trump implemented tariff increases on China, Mexico and Canada. Morgan Stanley recently released a report, expecting the U.S. may raise a wider range of tariffs in the future, with tariffs investigation likely targeting semiconductor, pharmaceuticals and metals. The broker upheld its cautious view the mainland China, Taiwan region and South Korea semiconductor and hardware industry. It listed stocks that could be negatively impacted by tariff increases in the US:Related NewsCICC Cuts ASMPT (00522.HK) TP to $72, Trims Rev. & NP ForecastsHK Stocks│Exports to N. America (%Revenue)│Tariff Pass-throughAAC TECH (02018.HK) +0.050 (+0.136%) Short selling $20.96M; Ratio 14.487% │58% │LowBYD ELECTRONIC (00285.HK) -0.400 (-1.185%) Short selling $68.53M; Ratio 19.606% │50%│LowASMPT (00522.HK) +0.300 (+0.563%) Short selling $7.60M; Ratio 13.590% │14%│MediumShares listed in other regionsZhongji Innolight (300308.SZ) -1.690 (-1.751%) GoerTek (002241.SZ) -0.340 (-1.527%) Wiwynn (6669.TW)Zhejiang Crystal-Optech (002273.SZ) -0.410 (-2.040%) Eoptolink (300502.SZ) +1.260 (+1.167%) Brazil's Embraer S.A. (ERJ.N)Mexico's BECLE SAB de CV (CUERVO.MX)South Korea's SK Hynix (000660.KS)Suzhou TFC Optical Communication (300394.SZ) -2.300 (-3.010%) Largan Precision (3008.TW)Luxshare Precision (002475.SZ) -0.660 (-2.016%) Kubota (6326.T)Asia Vital Components (3017.TW)LG Electronics (066570.KS)Zhejiang Dingli Machinery (603338.SH) +0.450 (+1.010%) Lens Technology (300433.SZ) -0.570 (-2.646%) Japan's Yamaha Motor(7272.T)South Korea's Samsung Electronics (005930.KS)South Korea's LG Chem(051910.KS)OFILM Group (002456.SZ) -0.200 (-1.661%) Japan's Yaskawa Electric (6506.T)Japan's Hitachi Construction Machinery (6305.T)GlobalWafers (6488.TW)South Korea's LG Energy Solution(373220.KS)Japan's Makita (6586.T)Japan's Amada (6113.T)BOE Technology (000725.SZ) -0.020 (-0.515%) (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-09 16:25.) (A Shares quote is delayed for at least 15 mins.)