Asia trades with gains, tariffs still in focus - Breaking The News
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Asia trades with gains, tariffs still in focus

EPA-EFE/JESSICA LEE

Major stock exchanges in the Asia-Pacific region traded higher on Wednesday as United States President Donald Trump's latest tariff comments seemingly boosted morale on the markets. He recently mentioned that many countries could get tariff "breaks" on April 2. Nevertheless, it is still uncertain what exactly the US president meant by this. Over in data, Australian consumer inflation eased from 2.5% to 2.4% in February.

In mainland China, the Shanghai Composite added 0.19% at 7:10 am CET, with the Shenzhen Composite growing 0.20% a minute later. While Hong Kong's Hang Seng increased 0.47% at 7:12 am CET, South Korea's Kospi Composite jumped by 1.02% at the same time.

At 7:07 am CET, Australia's S&P/ASX 200 rose by 0.71% and Japan's Nikkei 225 advanced by 0.74% at 07:13 am CET. The dollar traded 0.43% above the yen at 7:14 am CET, changing hands for 150.55150.

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