Global shares trade are mixed, US futures gain as investors await next steps in Trump’s trade war

By YURI KAGEYAMA Associated Press Business Writer TOKYO AP European shares opened lower on Thursday after a day of gains in Asia as investors awaited the next attempts in President Donald Trump s business war The European Central Bank was expected to cut interest rates given worries over the prospective impact of Trump s contract policies France s CAC dipped to while the German DAX lost to Britain s FTSE shed to Related Articles Proposed rule change on endangered species triggers alarm for environmentalists What happens next after judge warns of attainable contempt prosecution over deportation flights order China-founded e-commerce sites Temu and Shein say they re raising prices due to tariffs DOGE wished to assign staff to the nonprofit Vera Institute of Justice because it got federal funds Actor Michelle Trachtenberg died of complications from diabetes says NYC biological examiner The future for the S P jumped while that for the Dow Jones Industrial Average was up In Asia Japan s benchmark Nikkei gained to finish at after Trump joined Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick in the talks with a Japanese delegation in Washington Afterward Trump wrote in a social media post that it was A Great Honor to have just met with the Japanese Delegation on Contract Big Progress There was no immediate indication of what progress that might be Shares in Honda Motor Co jumped after the Japanese automaker disclosed it plans to move its production of the five-door Civic hybrid electric vehicles for the U S field from Japan to the company s plant in Indiana Honda Motor Co didn t say the move was in response to Trump s tariff policies but stressed it moves production to where there is demand Production of the U S -bound five-door Civic HEV began at the Yorii plant outside Tokyo in February So far vehicles have been produced there for the U S field Also Thursday Japan s Finance Ministry shared that the nation recorded a agreement deficit i n its fiscal year through March but racked up a surplus with the U S For the month of March Japan recorded a commerce surplus of billion Exports climbed nearly from a year earlier for the sixth straight month of gains although the increase was slower than in February Australia s S P ASX gained to South Korea s Kospi edged up to Hong Kong s Hang Seng added to while the Shanghai Composite edged up to On Wednesday U S stocks fell after Nvidia warned new restrictions on exports to China will cost it billions of dollars The S P sank and the Dow shed The Nasdaq composite lost Multiple investors are bracing for a realizable recession because of Trump s tariffs which he has announced he hopes will bring manufacturing jobs back to the United States and trim how much more it imports from other countries than it exports A survey of global fund managers by Bank of America unveiled expectations for recession are at the fourth-highest level in the last years In vitality trading benchmark U S crude rose cents to a barrel Brent crude the international standard gained cents to a barrel In currency trading the U S dollar rose to Japanese yen from yen The euro cost down from