Recent reports indicate that President Trump’s upcoming tariff strategy, scheduled for April 2, will likely be more selective, targeting around 15 countries with significant trade imbalances. This news has provided some relief for Asian markets.

Market Reactions:

• Broad Regional Movements:
  Asian investors have reacted positively as major indices see a modest uptick, although caution persists given the potential implications for regional exports.
• Divergent Sentiment in China:
  While some stocks improve due to AI-led optimism, others face pressure from profit-taking.
• Mixed Outlook in Japan:
  Japan shows contrasting performance with some indices rising while others face headwinds.

Concluding Thoughts:

Despite the softer tariff measures announced, political uncertainty and market volatility continue to keep investors alert. Monitoring these developments will be crucial as they could affect many sectors across the Asian markets.