Asian markets jump on Trump tariff pause

Asian markets jump on Trump tariff pause
Trump isn't letting up on China. (Image: Getty)
Rebecca Howard
Asian stock markets are also soaring after US President Donald Trump’s tariff pause.In Japan, the Nikkei 225 was up nearly 8%, while in Seoul, the Kospi was up around 5%.Australia’s S&P/ASX 200 Index was up 4.8% while New Zealand’s S&P/NZX 50 Index was trading 4.3% higher in early afternoon trading.Markets responded positively when Trump said reciprocal tariffs would be held at 10% for more than 75 nations for 90 days.The Dow Jones Industrial Average jumped 7.9%, the S&P 500 rose 9.5%, and the Nasdaq rose 12.2%.&nb...

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