Asian markets showed signs of recovery on Tuesday after a recent global sell-off sparked by mounting fears of the US-China trade war. The Nikkei 225 in Japan saw a significant surge, while Australian stocks also rebounded slightly from Monday’s sharp decline. Amidst the turmoil, China declared its intentions to retaliate against US tariffs, contributing to the overall market volatility. Oil prices dipped as investors grappled with uncertainty, while gold prices climbed as a safe-haven asset. The ongoing trade tensions between the US and China continue to dominate market sentiment, influencing investor decisions across the globe.