Asian markets experienced a surge, particularly in Japan, following President Trump's announcement of a trade deal. The agreement includes reduced tariffs on Japanese exports to the US, boosting automaker stocks and overall investor sentiment. While details remain unclear, the deal has sparked optimism for broader trade relief and potential rate hikes by the Bank of Japan.
Asian markets experienced a surge, particularly in Japan, following President Trump's announcement of a trade deal. The agreement includes reduced tariffs on Japanese exports to the US, boosting automaker stocks and overall investor sentiment. While details remain unclear, the deal has sparked optimism for broader trade relief and potential rate hikes by the Bank of Japan.