Asian stocks jump after US markets hit record highs after tariff pause: 10 things to know
[ad_1] This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years."I have authorised a 90 day PAUSE," Trump said, recognising around 75 countries that have been in talks with US over tariff and have not retaliated yet. Trump pauses tariffs for most — but not ChinaTrump's message on Truth Social declared a 90-day pause on new tariffs for most US trading partners, replacing them with a 10 per cent Reciprocal Tariff. However, China was excluded from this relief — with tariffs on Chinese goods hiked to 125 per cent.'Great time to buy,' says TrumpIn a series of […]