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.

Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.

Trump has vowed to "immediately begin the overhaul of our trade system" with tariffs on goods from Canada and Mexico.

Stocks climbed alongside the dollar and bonds, with traders focusing on prospects President Donald Trump’s policies will boost the outlook for the world’s largest economy.

The dollar rebounded sharply on Tuesday after plunging hours earlier as Donald Trump's first day back in the U.S. presidency brought mixed messaging on tariffs and highlighted investors' sensitivity to headlines about trade policy.

Global stock markets rose on Tuesday, after US President Donald Trump stopped short of announcing new tariffs on his first day in office. The three main US indexes ended the day higher, while shares in Europe and Asia also made modest gains.