<h1>Global markets rise despite tariff concerns as tech company gains China chip approval</h1> World shares traded mostly higher despite ongoing concerns about the administration's tariff policies. European markets gained modestly while Asian markets showed mixed results. A major tech company's shares jumped after receiving approval to sell advanced chips to China. Japan's market rose ahead of parliamentary elections, while China's economy showed slower growth amid escalating trade tensions. The administration's proposed tariffs, set to take effect in August, could increase recession risks and impact global exporters. Markets remain uncertain as companies prepare to report quarterly earnings and inflation data is expected to show acceleration.