Asian shares grew on Tuesday, after the Wall Stock Exchange ended on Monday, with a widespread decline, while the White House increased its pressure on its most outstanding trading partners to conclude agreements before entering American criminal duties in sales.
The Japanese Nikki 225 index increased by 0.4 percent to 39,734.62 points, while the South Korean Cosby index increased by 1.2 percent, reaching 3096.29 points, according to the Associated Press.
In Hong Kong, the “hanging singing” index increased by 0.2 percent, fixing 23941.58 points, while the Shanghai index increased by 0.6 percent to 3492.41 points.
On the contrary, the Standard & Poor/ASX 200 index fell by 0.1 percent, to 8583.50 points.
On Wall -Strithon, the Standard & Poor’s 500 index fell 0.8 percent on Monday, which has registered its largest daily losses since mid -June, despite its stay in the near future from the highest historical levels last week.
The Dow Jones industrial index also decreased by 0.9 percent, and the NASDAQ index closed a similar speed to stay close to its historical peak.
The losses occurred widely, since the number of reducing shares exceeded its winning colleague by 4-1 on the New York Stock Exchange.
Tesla shares were one of the most injured, as it fell by 6.8 percent, which registered the greatest decline among the Index and 500 Poor’s 500 shares, after an updated dispute between his General Director Elon Musk and US President Donald Trump on weekends.
Mask, who was previously in Trump’s senior supporters, announced his intention to establish the third political party in protest against the bill on the expenses of the Republicans, which was adopted last week.
The reduction in the market increased after the Trump administration sent letters to Japan and South Korea, informing them of the beginning of the imposition of customs duties by 25 percent of their export to the United States, starting on August 1, in the light of the continuing violation of the trade balance with the two main allies of Washington in Asia.
Trump also announced the introduction of new customs duties for imports from Malaysia, Kazakhstan, South Africa, Laos and Myanmar. The American administration decided, before joining the complex customs duties in April, postponing the application for 90 days in the hope that foreign governments will demonstrate greater flexibility in negotiations. This deadline for negotiations should end before Wednesday.
This new round of the trade war is aggravated by the risks of the world economy, since the high fee for imported goods can lead to deceleration, and the possibility of stagnation can aggravate.
The limited Bank “Mezoho” promised that the extension of the customs period for an additional three weeks is “a transformation into a growing risk of commercial escalation, which can expand at any time.”
In foreign exchange markets, the US dollar increased slightly against Japanese yen to 146.05 yen compared to 146.01 yen at the previous session. The euro also increased to $ 1.1746 from US $ 1.1714.
