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International Business Times
International Business Times
Business

Asia Stocks Rise As Traders Weigh China-US Row, Rate Cut Hopes

China Donald Trump United States Asia Scott Bessent US Federal Reserve the Federal Reserve Xi Jinping Interest Rates
US Treasury Secretary Scott Bessent proposed a longer pause in China-US tariffs as they look to resolve their rare earths row (Credit: AFP)

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

Markets have been in flux this week since US President Donald Trump fanned the embers in his tariff row with Beijing on Friday, threatening 100 percent levies on Chinese goods in retaliation for its recent rare-earth export controls.

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