Market Movements Amid Tariff Talks

Asian markets experienced mixed results on Tuesday, following a period of gains. This comes after the United States announced a temporary halt on tariffs for certain electronics, sparking initial optimism among investors.

Trump's Tariff Exclusions and Future Plans

President Donald Trump later decided to temporarily exclude items such as smartphones and semiconductors from the China tariff list. Additionally, he mentioned considering short-term exemptions for planned auto tariffs. However, the White House indicated that electronics are still under review and hinted at upcoming pharmaceutical-related duties.

Regional Market Highlights

By 4:30 am CET, South Korea's Kospi Composite saw an increase of 0.82%, while the dollar traded slightly higher against the yen. Japan's Nikkei 225 also rose by 0.89%. On the other hand, China's Shanghai Composite and Shenzhen Composite faced minor declines, and Hong Kong's Hang Seng remained flat. Meanwhile, Australia's S&P/ASX 200 added 0.52%.