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Mixed Asia-Pacific Markets Await U.S.-China Trade Talks

7/28/2025

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Summary

Story summary

Asia-Pacific markets displayed mixed performance as investors anticipated U.S.-China trade discussions in Stockholm.
President Trump revealed a trade deal with the EU, cutting tariffs from 30% to 15% on select goods, while keeping 50% duties on steel and aluminum.
Japan's Nikkei index declined by 0.74%, whereas Hong Kong's Hang Seng Index increased by 1%.

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Story summary

Asia-Pacific markets displayed mixed performance as investors anticipated U.S.-China trade discussions in Stockholm.
President Trump revealed a trade deal with the EU, cutting tariffs from 30% to 15% on select goods, while keeping 50% duties on steel and aluminum.
Japan's Nikkei index declined by 0.74%, whereas Hong Kong's Hang Seng Index increased by 1%.