Asia markets mixed after wall street dip, Trump tariff comments

August 06, 2025 (MLN): Asia-Pacific markets traded mixed on Wednesday, tracking overnight losses on Wall Street as investors assessed weaker-than-expected economic data and fresh tariff remarks from U.S. President Donald Trump.

Trump stated during a CNBC “Squawk Box” interview on Tuesday, “We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made in the United States.”

He added that the announcement will come “within the next week or so,” but provided no further details.

Following the comments, Asian chip stocks declined. Japan’s Tokyo Electron and Lasertec fell 3.46% and 1.82%, respectively, while Renesas Electronics lost 3.68%.

South Korean chipmakers SK Hynix and Samsung Electronics dropped 2.09% and 1.43%, respectively, as CNBC reported.

Taiwan’s TSMC was down 2.17%.

Elsewhere, shares of Cathay Pacific Airways slipped 0.58% amid reports the Hong Kong-based airline is poised to place its first aircraft order from Boeing in over a decade, according to Bloomberg.

The carrier is also set to report its first-half earnings later in the day.

In Australia, equities rose as much as 0.61% to hit a record high of 8,824 in early trade.

Commonwealth Bank and Westpac Banking Corporation gained over 1% and 0.74%, respectively, while BHP Group edged up 0.28%.

Futures movement indicated a mixed open across the region.

Australia’s S&P/ASX 200 futures stood at 8,739, below the last close of 8,770.4.

Japan’s Nikkei 225 futures in Osaka traded at 40,555, just above the index’s previous close of 40,549.54.

Hong Kong’s Hang Seng Index futures pointed to a weaker open at 24,812, compared with the HSI’s last close of 24,902.53.

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