Asia tech stocks rise after Trump pauses tariffs on Canada and Mexico

CNBC

Summary

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Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.
Daily Tribune
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Toronto: Canada will increase its spend on emergency border measures to a total of CA$ 1.5 billion (approximately US$ 1.036 billion), appoint a border czar and declare drug cartels as terror organisations, as part of a package to earn a temporary 30-day reprieve from the tariffs threatened by US President Donald Trump.
Hindustan Times
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Shanghai, which reopened after a week-long break, and Hong Kong were among the main losers as e-commerce firms took a hit from news that the US Postal Service was suspending inbound parcels from China and Hong Kong.
International Business Times
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The tepid performance came despite a positive lead from Wall Street, where there was a sigh of relief that US President Donald Trump had reached a deal to delay 25 percent duties on imports from Canada and Mexico.
International Business Times AU

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