Asian shares were trading mixed on Monday, as investors found bargains despite worries about U.S. President Donald Trump’s various tariffs.

There is a slew of catalysts lifting the broader market higher, including the rise of artificial intelligence, strong corporate earnings, a decline in the prevailing rate of inflation, and more than a dozen high-profile companies announcing stock splits last year.

Global shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies.

Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminum imports and warned every country would face “reciprocal” levies. Another week got off to an uncertain start following losses on Wall Street that came in reaction to data showing US consumers increasingly worried about inflation and news that far fewer jobs than expected were created last month.