Asian Markets Struggle Amid Trade War Concerns Despite US Inflation Relief

Asian markets saw mixed movement as investors balanced relief from lower-than-expected US inflation data with ongoing concerns over President Donald Trump’s trade policies. While inflation data for February eased fears of rising prices, analysts cautioned that it predated potential tariff impacts. Uncertainty remains over Trump’s aggressive trade stance, with key tariff decisions looming on April 2. Meanwhile, geopolitical tensions persist, as the US pushes for a ceasefire in Ukraine, warning of “devastating” sanctions against Russia if President Vladimir Putin refuses to agree.