Asian markets rebound as trade war fears escalate, Nikkei 225 surges; China vows retaliation against US tariffs.

Asian markets witnessed a rebound on Tuesday after a recent global sell-off amid escalating US-China trade war concerns. Japan’s Nikkei 225 saw a significant surge, while Australian stocks showed a slight increase following a steep decline on Monday. China’s announcement of retaliatory measures against US tariffs contributed to the market volatility, leading to a dip in oil prices and a rise in gold prices as investors sought safe-haven assets. The uncertainty surrounding the trade tensions between the world’s two largest economies continues to impact global markets.

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