Asian markets rebound as Trump pauses many tariffs — except on China
- Asian markets, including Japan, saw significant gains after U.S. President Donald Trump announced a 90-day pause on tariffs for over 75 trading partners.
- The Nikkei 225 rose by more than 2,800 points, while the Dow Jones Industrial Average gained 2,962 points, marking a 7.9% increase.
- Investors began buying the dollar against the yen following the tariff announcements, as the yen weakened to the 148-yen range.
- Treasury Secretary Scott Bessent stated that Trump's negotiating strategy was effective in bringing many countries to the negotiation table for trade discussions.
351 Articles
351 Articles
Asia markets soar after President Trump pauses global tariffs
Asian markets soared on Thursday in line with Wall Street’s gains the day before, following President Trump’s announcement of a pause on his higher global tariffs.Japan’s Nikkei soared 9.1%, while South Korea’s Kospi jumped 6.6%, taking the Seoul index out of bear market territory. Taiwan’s composite index spiked 9.25%, staging a strong comeback just days after it logged its biggest one-day drop on record.Hong Kong’s Hang Seng Index also gained …
Tariffs and stock markets: A glossary to help understand the crisis sparked by Trump
Capitulation, protectionism, safe haven asset, bear market: Le Monde put together a glossary of vocabulary to grasp the economic stakes behind US President Donald Trump's tariff increases.
Trump tariff backflip brings a US trade war with China into the crosshairs
You have to marvel at Donald Trump’s prescience. After his announcement of America’s new tariffs regime on April 2, “liberation day”, the stock markets plummeted, causing faint hearts around the world to quail. Nerves fluttered particularly hard when bond yields started to rise rapidly this week, suggesting a growing lack of confidence in US 30-year debt – traditionally the gold standard for security. “I don’t want anything to go down,” Trump to…
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