Asia markets open higher after Trump vows to significantly raise tariffs on India

Asia markets open higher after Trump vows to significantly raise tariffs on India


Opening calls

Happy Tuesday from Singapore. Asia markets are poised for a mixed open.

Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,701, compared with its last close of 8,663.70.

Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Osaka last traded at 40,610 against the index’s last close of 40,290.70.

However, futures for Hong Kong’s Hang Seng Index stood at 24,708 pointing to a weaker open compared with the HSI’s last close of 24,733.45.

— Lee Ying Shan

Stocks close out first session of the week in positive territory following Friday’s sell-off

All the three major averages soared into the green on Monday, with the Dow Jones Industrial Average recouping its losses from Friday’s session.

The blue-chip index climbed 585.06 points, or 1.34%, to finish the day at 44,173.64.

Additionally, the broad market S&P 500 and the tech-heavy Nasdaq Composite rocketed higher by 1.47% and 1.95%, ending at 6,329.94 and 21,053.58, respectively.

— Sean Conlon



Source

CNBC Daily Open: Trump’s reaction to Supreme Court tariff ruling seems to cause more uncertainty
World

CNBC Daily Open: Trump’s reaction to Supreme Court tariff ruling seems to cause more uncertainty

US President Donald Trump speaks during a press conference in the Brady Press Briefing Room of the White House in Washington, DC, on Feb. 20, 2026. Mandel Ngan | AFP | Getty Images The U.S. Supreme Court on Friday struck down much of President Donald Trump’s “reciprocal” tariffs, which were invoked based on the International […]

Read More
Asia-Pacific markets set to open higher as investors brush off Trump’s tariff hike to 15%
World

Asia-Pacific markets set to open higher as investors brush off Trump’s tariff hike to 15%

Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to open higher Monday, brushing aside concerns after U.S. President Donald Trump announced over the weekend that he would increase global tariffs to […]

Read More
U.S. importers still paying Trump’s illegal tariffs even after Supreme Court ruling
World

U.S. importers still paying Trump’s illegal tariffs even after Supreme Court ruling

Despite Friday’s Supreme Court decision that ruled President Donald Trump’s “reciprocal” tariffs are illegal, U.S. importers are still paying duties on goods entering the country. U.S. Customs and Border Protection (CBP) has yet to update its Cargo System Management Service to remove the duties imposed by Trump under the International Emergency Economic Powers Act (IEEPA). […]

Read More