Asian stocks saw a mostly positive trend on Tuesday following a rise in U.S. stocks, influenced by the upcoming "Liberation Day" announcement by President Donald Trump on Wednesday. Investors turned to safer investments amidst economic uncertainty, leading to a rise in gold prices to $3,172.80 per ounce.

In Tokyo, the Nikkei 225 saw a slight 0.1% increase to 35,663.86, with concern over potential auto tariffs on Japan from the U.S. In Hong Kong, the Hang Seng rose by 1.1% to 23,363.96, and the Shanghai Composite index increased by 0.6% to 3,355.31.

South Korea's Kospi surged by 1.8% to 2,525.44, and Australia's S&P/ASX 200 climbed by 1% to 7,919.50. Taiwan's Taiex rose by 2.6%, while India's Sensex dropped by 0.2%, and Bangkok's SET advanced by 1.1%.

The U.S. market experienced fluctuations in the previous session, with the S&P 500 rising by 0.6% to 5,611.85. It marked a 4.6% loss for the quarter, the worst in two-and-a-half years. The Dow Jones Industrial Average increased by 1% to 42,001.76, while the Nasdaq composite fell slightly by 0.1%.

Uncertainty surrounding Trump's tariff policies has led to market volatility, with concerns about their impact on inflation and economic growth. Goldman Sachs predicts a 15% average reciprocal tariff announcement by Trump and has adjusted forecasts for inflation and economic growth downward.

The possibility of a recession within the next year has risen to 35%, reflecting declining confidence and potential economic challenges. The outcome of the upcoming tariffs on April 2 remains uncertain and could significantly impact market movements.