Asia-Pacific Markets React to Trump's Latest Moves

Following United States President Donald Trump's executive orders to boost artificial intelligence (AI) development and his warnings on trade tariffs, major stock market indexes in the Asia-Pacific region showed mixed performances on Thursday.

Market Movements Across the Region

Japan's Nikkei 225 saw a rise of 0.45%, or 152 points, as the dollar weakened against the yen. Meanwhile, South Korea's Kospi experienced a slight decline of 0.22%. Australia's S&P/ASX 200 outperformed with a growth of 0.75%.

In contrast, mainland China's Shenzhen Composite decreased by 0.96%, while the Shanghai Composite remained flat. Hong Kong's Hang Seng was notably down by 1.21%, or 266 points.

Trump's Firm Stance on Trade and AI

Trump emphasized the importance of reaching beneficial trade deals, threatening unilateral tariff adjustments if agreements are not met. He also highlighted the role of China in the ongoing trade discussions, stating the decision to reduce levies lies with them.