Asian markets witnessed a rebound on Tuesday after a global sell-off due to escalating US-China trade war fears. Japan’s Nikkei 225 saw a surge, and Australian stocks also edged higher following a steep decline on Monday. China’s promise to retaliate against US tariffs contributed to market volatility, leading to a drop in oil prices and a rise in gold prices as investors sought safe-haven assets.
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Asian markets rebound as Nikkei 225 surges after global sell-off; China vows retaliation against US tariffs.
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President Xi Jinping adopts confrontational stance as trade tensions escalate, signaling prolonged trade war with US.
