Asian markets gained in early trading Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from China.

Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 meeting later this month in Japan. There have been no indications that Xi is planning on skipping the summit, and he is expected to meet with Trump there. Trump also predicted that tariffs would drive China to make a trade deal.

“The China deal is going to work out. You know why? Because of tariffs,” Trump said.

Japan’s Nikkei

NIK, +0.34%

  rose 0.3% and Hong Kong’s Hang Seng Index

HSI, +0.76%

  gained 0.6%. The Shanghai Composite

SHCOMP, +1.87%

  surged 1.3% and the smaller-cap Shenzhen Composite

399106, +2.82%

  jumped 1.9%. South Korea’s Kospi

180721, +0.39%

  advanced 0.3%, and benchmark indexes in Taiwan

Y9999, +0.43%

  and Singapore

STI, +0.48%

  rose while Indonesian stocks

JAKIDX, +0.12%

  slipped. Australia’s S&P/ASX 200

XJO, +1.37%

  gained 1.3%.

Among individual stocks, Japan Steel

5631, +2.23%

  rose in Tokyo trading, along with Mitsubishi UFJ

8306, +1.55%

 , while Fast Retailing

9983, -1.74%

  slid. In Hong Kong, AAC

2018, +3.06%

  and Sunny Optical

2382, +2.91%

  rose, and LG Electronics

066570, +5.39%

  surged in South Korea. BHP

BHP, +1.82%

  and Beach Energy

BPT, +1.34%

 advanced in Australia.

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2019-06-10