Asian markets were mixed on Tuesday after rising in recent days when the United States halted tariffs on some electronics. A later decision by US President Donald Trump also temporarily excluded items like smartphones and semiconductors from its China tariff list.
Trump said he was considering short-term exemptions on planned auto tariffs as well. Still, the White House clarified that electronics remain under review, adding that pharmaceutical-related duties are coming soon.
At 4:30 am CET, South Korea's Kospi Composite increased by 0.82%, while the dollar traded 0.08% higher against the yen, going for ¥143.1620. Japan's Nikkei 225 was up by 0.89% at the same time.
On the Chinese mainland, the Shanghai Composite decreased by 0.26% at 4:31 am CET, with the Shenzhen Composite down by 0.44% a minute later. Hong Kong's Hang Seng stood flat at 4:32 am CET and the Australian S&P/ASX 200 added 0.52% at the same time.
