Source: Reuters :Asian Stocks
🔹 What’s Happening?
- The U.S. government has temporarily exempted certain Chinese imports, including smartphones and computers, from new tariffs.
- This decision has led to a positive response in Asian stock markets, with major indices experiencing gains.
- However, uncertainties remain as the U.S. has indicated potential future tariffs on semiconductors and other electronics (Asian Stocks).
🔹 Market Reactions:-
- Japan’s Nikkei index rose by 1.5%, driven by gains in iPhone-related stocks.
- Tech suppliers like Murata Manufacturing, TDK, and Advantest saw notable increases in their stock prices.
- In Taiwan, companies such as Foxconn and Quanta experienced stock price increases of up to 7%.
🔹 Broader Implications
Analysts warn that ongoing trade tensions could pose risks to global economic stability.
While the temporary pause in tariffs has provided short-term relief to markets, the possibility of future tariffs keeps investors cautious.
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