Stock market today: Asian stocks mixed as Trump’s tariff threats raise uncertainty.

Asian stocks were mixed on Wednesday after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets.

Investors in Asia were relieved on Monday after Trump decided not to immediately impose significant tariffs on China. But on Tuesday, Trump said he was considering a 10% punitive duty on Chinese imports over concerns about fentanyl being smuggled from China to the U.S. via Mexico and Canada.

Hong Kong’s Hang Seng dropped 1.1% to 19,888.12, while the Shanghai Composite lost 0.7% to 3,805.78.

In Tokyo, the Nikkei 225 index was up 1.5% at 39,604.71 after Trump announced a joint venture that aims to invest up to $500 billion in infrastructure related to artificial intelligence. Softbank Group Corp.’s Japan-listed shares surged 8.9% on Wednesday.

Taiwan’s Taiex also gained 1.4% after Trump’s AI investment push, with Taiwan Semiconductor Manufacturing Corp. increasing by 2.7%.

Elsewhere, South Korea’s Kospi added 0.7% to 2,535.30 and Australia’s S&P/ASX 200 rose 0.3% to 8,428.70.

Source: FINANCE.YAHOO