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.

Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains