Asian tech stocks rose on Tuesday after U.S. president Trump paused tariffs on Mexico and postponed tariffs on Canadian exports, leading to gains in Japan, South Korea, and Hong Kong. Japanese tech stocks like Advantest and Lasertec surged, while South Korean stocks including Samsung Electronics and SK Hynix also traded higher. Chinese tech companies like Tencent, Meituan, BYD, Xpeng, and Li Auto saw gains, as did AI-linked stocks Alibaba and Kingsoft Cloud, despite looming U.S. tariffs on China. The rally in Asian tech stocks followed a rebound from recent losses and signals of potential trade negotiations between the U.S. and China.
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Full transcript of “Face the Nation with Margaret Brennan,” June 1, 2025
Summary of "Face the Nation with Margaret Brennan"This week's episode features Treasury Secretary Scott Bessent discussing ongoing tariff turmoil and escalating tensions with China, emphasizing the need for the U.S. to "de-risk" its reliance on Chinese goods. Senator Rand Paul shares his criticisms of President Trump's economic policies, while Rep. Raja Krishnamoorthi and Wesleyan University President Michael Roth address the implications of new visa restrictions for foreign students. Additionally, FDA Commissioner Dr. Marty Makary offers...
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