Asian Stocks Rise Despite Trump's Tariff Threats: Positive

Asian stocks closed mostly higher despite President Trump’s latest tariff threats. Trump imposed tariffs on imports from eight nations, including a 50 percent tariff on Brazilian imports. Gold prices rose while oil prices remained stable. Chinese and Hong Kong markets rose, Japanese markets fell, and Seoul stocks hit a near four-year high. Semiconductor shares surged in Korea, Australian markets advanced, and New Zealand’s index closed slightly lower. In the US, stocks rose after the Fed’s meeting minutes hinted at a rate cut later this year, with the Nasdaq hitting a record high.

Read more at Nasdaq: Asian Shares Mostly Higher Despite Trump’s Tariff Threats