Stocks In Asia Gain As Trump Concludes Japan Visit Amid Hopes Of A Trade Deal

Shares in Asia were higher on Tuesday afternoon, as U.S. President Donald Trump concluded his state visit to Japan. The Nikkei 225 in Japan added 0.42% in afternoon trade, while the Topix index rose 0.34%. Shares of semiconductor equipment manufacturer Tokyo Electron jumped more than 3% following the announcement of a share buyback, Reuters reported.
Trump ended his four-day state visit to Japan on Tuesday, a day after his news conference with Japanese Prime Minister Shinzo Abe, as the two countries seek to hash out a trade deal.
Trump said his goal was to remove trade barriers so as to give the U.S. exports a fair footing in Japan, but he also described the U.S. trade imbalance with Japan as “unbelievably large” and expressed hopes to address that.

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