💨 Abstract

On Monday, Asian markets showed mixed reactions following the U.S. market's slight retreat from recent highs. President Donald Trump's announcement of 30% tariffs on goods from Mexico and the European Union had a limited immediate impact. The Mexican peso weakened slightly, while Chinese shares advanced due to increased exports. Hong Kong’s Hang Seng and Shanghai Composite gained, whereas Tokyo’s Nikkei 225 and Taiwan’s benchmark fell.

Courtesy: WTOP Staff