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International Business Times
International Business Times
Business

Asian Markets Mostly Rise But Worries Over Tariffs, AI Linger,

Donald Trump DeepSeek Canada China Mexico
The Mexican peso has come under pressuer against the dollar after Donald Trump said he would impose stiff tariffs on imports from the country (Credit: AFP)

Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.

Traders were rattled by news that the Chinese startup had created a programme that apparently matched the capacity of US artificial intelligence pacesetters for a fraction of the investments made by American companies.

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