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.

U.S. tariffs of 10% on Chinese imports came into effect on Tuesday, risking a renewed trade war between the world's top two economies as President Donald Trumppunishes China for not halting the flow of illicit drugs.

President Donald Trump announced that he’s pausing tariffs on Mexico and Canada after speaking to leaders of both countries on Monday — just hours before the sweeping actions were set to go into effect.