Major stock market indexes in the Asia-Pacific region traded mixed on Wednesday after United States President Donald Trump insisted that a new set of tariffs he announced recently would take effect on August 1, without delay. Still, he also noted that more trade deals, like the one with Indonesia, will likely be reached before that date.
Japan's Nikkei rose by 0.23% at 7:18 am CET as the dollar stood flat against the yen, selling for ¥148.88150. On the other hand, South Korea's Kospi declined by 0.85% at 7:19 am CET. At the same time, Australia's S&P/ASX 200 dipped by 0.80%.
In mainland China, the Shanghai Composite lost 0.23% at 7:04 am CET. Simultaneously, the Shenzhen Composite increased by 0.17%. In Hong Kong, the Hang Seng stood flat at 7:19 am CET.
