Stocks in Asia climbed after Trump delayed tariffs on Mexico and Canada, but China retaliated with new taxes on U.S. goods.

Asian stocks rose on Tuesday after President Trump announced a one-month delay in imposing tariffs on Mexico and Canada. This move led to gains in tech stocks across Japan, South Korea, and Hong Kong. Despite the positive market reaction, China announced new tariffs on U.S. goods, including liquefied natural gas and crude oil, set to take effect on February 10th. Trump also mentioned potential talks with China to avoid further tariffs.

2 months ago
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