The Korea Composite Stock Price Index (KOSPI) surged to a record high on Monday, climbing 1.7% as Asian markets reacted to Trump's announcement of a global tariff increase from 10% to 15%. Major KOSPI components, SK Hynix and Samsung Electronics, saw gains of over 3% and 2%, respectively, contributing to the index's rise. Elsewhere in the region, the Australia S&P/ASX 200 index experienced a modest increase of 0.17%. Meanwhile, markets in China and Japan remained closed due to holidays, leaving the KOSPI as a standout performer in the Asian market landscape.