Asian Stocks Rise After New
Photo: Chan Long Hei

Asian Stocks Rise After New US Tariff Announcement

Investors on Asia's leading stock exchanges seem to have taken US President Donald Trump's latest tariff message calmly. The initial Tuesday trading offered green numbers.

The Nikkei 225 index in Tokyo was up 0.3 percent after a few hours of trading. The broader Topix index had increased 0.1 percent.

The Kospi index in South Korea had a rise of 1.2 percent.

The Hang Seng index in Hong Kong had risen 0.8 percent, and the composite index in Shanghai and Shenzhen had increased 0.4 and 0.9 percent, respectively.

Donald Trump announced on Monday what tariff levels may apply to export goods from a number of countries - including 25 percent on goods from Japan and South Korea - from August 1.

The announcement also meant that the tariff pause that has applied since April 9 was extended.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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