Shanghai, China – Asia-Pacific markets saw gains on Wednesday as optimism soared following positive comments from U.S. President Donald Trump regarding easing trade tensions with China. Trump hinted that tariffs on Chinese exports to the U.S. would not be as high as previously anticipated, alleviating concerns in the financial markets.

Hong Kong stocks led the region’s rise, with the Hang Seng Index surging 2.48% in early trade. The Hang Seng Tech Index also saw a significant increase of 3.21%. In Mainland China, the CSI 300 index moved up by 0.22%, reflecting the overall positive sentiment in the market.

In Japan, the Nikkei 225 advanced by 2.09%, accompanied by a 2.05% increase in the broader Topix index. India also experienced gains, with the Nifty 50 rising by 0.64% in early trade and the BSE Sensex adding 0.56% to its value.

South Korea saw the Kospi index increase by 1.51%, while the small-cap Kosdaq was up by 0.93%. Australia’s S&P/ASX 200 rose by 1.22%, further contributing to the positive trend in the region.

In the U.S., futures jumped after Trump’s reassurance that he had no intention of removing Federal Reserve chair Jerome Powell from his post. The previous day’s session also saw a rebound in stocks as investors expressed optimism about a potential resolution to the U.S.-China trade dispute.

The Dow Jones Industrial Average rose by 1,016.57 points, or 2.66%, closing at 39,186.98. The S&P 500 gained 2.51%, settling at 5,287.76, while the Nasdaq Composite also saw a 2.71% increase, ending at 16,300.42. The overall market response indicated a positive outlook on the potential for improved trade relations between the U.S. and China.