Asian Markets React to Trump's Tariff Statement

Asia-Pacific markets experienced mixed trading on Friday, influenced by United States President Donald Trump's recent comments on tariffs. Trump emphasized his reluctance to increase tariffs on China, stating that higher tariffs could deter purchases.

Market Performance Across the Region

South Korea's Kospi saw a modest increase of 0.29%, while Japan's Nikkei 225 grew by 0.63%. In contrast, mainland China's Shanghai Composite decreased by 0.32%, with the Shenzhen Composite remaining stable.

Note: Australia's S&P/ASX 200 and Hong Kong's Hang Seng were closed for holidays, missing the day's trading activities.