Asia stock markets trade mixed on Tuesday following a rally on Wall Street overnight after news of a temporary easing in U.S.-China trade tensions, with the U.S. set to cut tariffs on Chinese goods from 145% to 30% starting Wednesday,

Officials from the U.S. and China concluded the weekend’s high-stakes trade talks, with Washington touting progress toward a deal.

Asian stocks joined the global rally and the U.S. dollar held on to most of its gains on Tuesday as investors heaved a sigh of relief after a temporary halt in the trade war between the U.S. and China eased worries of a global recession.