
CosmicTaco
13moAsian Markets Rebound Amid US-China Tariff Tensions
- Asian markets showed partial recovery on Tuesday morning after heavy losses in the previous session.
- US President Trump threatened an additional 50% tariff on China if Beijing doesn't withdraw its 34% tariffs on US products.
- Japan's Nikkei 225 and Topix saw strong gains, while South Korea's Kospi and Kosdaq also rose.
- China's Shanghai Composite and Hong Kong's Hang Seng Index experienced modest recoveries.
- US stocks closed mostly lower after a volatile trading day, with Trump indicating potential further escalation in the trade war.
Source: The Independent, Al Jazeera
13mo ago

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