Asia Markets: Asian markets gain despite fresh tariff threats from Trump

China stocks led Asian markets higher Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from that country.

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.

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