<h1>Asian Markets Rise Despite New US Tariffs, Chip Exemptions Boost Semiconductor Firms</h1> Asian financial markets showed resilience despite the implementation of increased US tariffs on exports, with major indexes in Japan, Hong Kong, China, South Korea, and Taiwan mostly rising. The US administration imposed a 50% tariff on imports from India and 100% tariffs on computer chips, exempting those linked to US investments. This exemption benefited semiconductor manufacturers increasing US production, such as major Taiwanese and South Korean firms. The US stock market advanced, led by a significant rally in a prominent technology company following its announcement of increased US investments. Mixed corporate earnings reports influenced trading, but optimism about potential Federal Reserve interest rate cuts and strong profit results helped stabilize markets. Commodity prices, including crude oil, saw modest increases, while currency exchange rates remained relatively stable.