Asian markets rebound as US-China trade tensions escalate; Nikkei 225 surges, Australian stocks recover. China vows retaliation.

Asian markets bounced back on Tuesday after a worldwide sell-off sparked by mounting US-China trade war concerns. Japan’s Nikkei 225 saw a significant surge, and Australian stocks also made gains following a sharp drop on Monday. China declared its intention to strike back against US tariffs, contributing to market turbulence globally. Oil prices went down while gold prices rose as investors grappled with uncertainty.

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