The new US import tariff on goods from Asian countries like the Philippines suggests that President Donald Trump may be taking a “relatively more moderate form” of trade protectionism—a shift that is fueling increased risk appetite among investors.

The Philippines has agreed to a trade deal with the United States that will lower U.S. tariffs on its exports to 19 percent, President Trump announced Tuesday following a meeting with the Philippine president,

The Philippines and Israel are exploring the possibility of a free trade agreement (FTA) with hopes of signing the trade deal within the administration of President Ferdinand R. Marcos Jr. “As we move forward in our bilateral relations,

President Donald Trump announced a trade deal with the Philippines, hours after the leader of the country paid a visit to the Oval Office.

President Donald Trump announced new trade agreements with Japan, the Philippines and Indonesia this week as the Trump-imposed August 1 tariff deadline approaches. The U.S.–Japan agreement reduces planned tariffs on Japanese exports from 25% to 15% in exchange for a $550 billion Japanese investment in U.

Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

Asian shares rose Thursday, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals. Japan’s Nikkei 225 surged nearly 2% to 41,983.50. The Shanghai Composite Index added 0.

After President Trump unveiled trade deals Tuesday with Japan and the Philippines, and his administration fleshed out details of a [pact with Indonesia](