Asian stocks rise despite U.S. tariff threats, Australia underperforms

Most Asian stocks rise despite U.S. trade tariff threats. Australian equities underperform after unexpected RBA policy hold.

Trump extends tariff deadline to August 1, hints at flexibility for negotiations with other countries.

KOSPI and Nikkei advance despite Trump’s announcement of tariffs on South Korea and Japan.

China, Hong Kong, Singapore rally on trade optimism, hoping to avert steep tariff escalations.

India remains flat as U.S.-India trade agreement progresses slowly.

Australia’s ASX 200 slips after RBA surprises markets by holding rates steady.