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.

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.

Trump’s meeting with Japan’s prime minister ended with a tariff warning, but praise from the Japanese side eased tensions.

Japanese Prime Minister Shigeru Ishiba expressed optimism on Sunday that his country could avoid higher U.S. tariffs, saying President Donald Trump had "recognised" Japan's huge investment in the U.S.