<h1>Asian shares rise as US stocks hit records while trade tensions create mixed regional performance</h1> Asian shares mostly gained following US stocks reaching another record high, with major indices showing mixed performance across the region. A trade deal between the US and an Asian country involves zero tariffs on US products and 20% tariffs on imports, benefiting companies like an athletic footwear manufacturer whose stock rose 4.1%. An electric vehicle company's shares climbed 5% after exceeding delivery expectations despite overall sales declining 13%. Market concerns center on upcoming employment data and potential tariff impacts on hiring decisions, with analysts noting vulnerability of Asian economies to trade tensions between major powers.