
Market Reactions Across the Asia-Pacific
Investors in the Asia-Pacific region are closely monitoring the impact of U.S. President Donald Trump's tariffs, especially after his recent warnings about the potential difficulties during the transition period. The U.S. duties on Chinese exports are now reported to reach a combined amount of 145%, signaling heightened trade tensions.
Stock Market Performances
Japan's Nikkei 225 experienced a significant drop, decreasing by 4.41%, as the dollar weakened against the yen. Similarly, South Korea's Kospi and Australia's S&P/ASX 200 saw declines of 0.94% and 1.31%, respectively. In contrast, mainland China's Shanghai Composite and Shenzhen Composite showed resilience with gains, and Hong Kong's Hang Seng index jumped by 1.10%.
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