itstargetnews
A bird’s-eye view of the downtown Seoul city skyline from vehicles on an expressway and bridges crossing the Han River in Seoul, South Korea.
Munchor Chuwang | Moment | Getty Images
Asia-Pacific markets opened mixed on Tuesday after US President Donald Trump Targeting South Korea overnight, threatening to raise tariffs on Asia’s fourth-largest economy.
Trump said on “Truth Society” The country’s legislature has yet to approve Seoul’s trade deal with Washington, which would see tariffs on South Korea rise from 15% to 25%.
The threat could dampen sentiment in South Korea’s market, which has posted gains in 15 of 17 sessions since the start of the year.
Australian S&P/ASX 200 Index After Monday’s holiday, it opened up 1.12% on the day, reaching its highest level in nearly three months.
Japanese Nikkei 225 Index Futures showed that the market opened weaker, with the Chicago futures contract at 52,880 points and the Osaka futures contract at 52,790 points, compared with the previous closing price of 52,885.25 points.
Hong Kong Hang Seng Index futures were at 26,883 points, higher than the Hang Seng Index’s last closing point of 26,765.52 points.
