Asian shares climbed on Tuesday even as U.S. tariffs on China came into effect and China imposed retaliatory measures on the United States, including tariffs on coal and liquefied natural gas as well as an antitrust probe into Google.

Last-minute phone calls pull the North American neighbours back from the brink of a trade war, but the US is still targeting Chinese imports.

Mexico managed to temporarily avoid President Trump’s threatened 25 percent tariffs by making promises on border security, but it is unclear if the country can fulfill its pledge.