Asian shares were trading mixed on Monday, as investors found bargains despite worries about U.S. President Donald Trump's various tariffs. Japan's benchmark Nikkei 225 shed 0.1% in early trading to 38,

President Trump said he plans to impose 25% tariffs against all steel and aluminum imports into the U.S. on Monday.

Korea’s KOSPI index fell by 2.5% on Monday, as Trump’s tariff moves could threaten both South Korea’s export-heavy economy, as well as the supply chains of its major manufacturers. Electronics giants Samsung and LG, and automakers Kia and Hyundai, all have manufacturing facilities in Mexico.