Asian Markets Rally as U.S. Court Blocks Trump-Era Tariffs
Asian stock markets experienced a important upswing following a pivotal ruling from a federal court in the United States that annulled several tariffs established during the Trump administration. This decision alleviated longstanding trade concerns that had burdened investor confidence for an extended period. The ruling sparked optimism across major regional indices, with market participants anticipating enhanced supply chain dynamics and a more stable trading environment between the two largest economies globally. Notable gains were observed in key markets such as Japan’s Nikkei 225 and South Korea’s KOSPI, reflecting renewed enthusiasm in export-oriented industries.
Market Performance Highlights
- Nikkei 225 (Japan): Increased by 2.1%, driven by advancements in technology and manufacturing sectors.
- KOSPI (South Korea): Rose by 1.8%, propelled by strong performances from semiconductor companies.
- Hang Seng Index (Hong…
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Author : Sophia Davis
Publish date : 2025-05-29 20:14:00
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