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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.
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The Epoch Times broke the news in New York, United States on Wednesday, April 9, 2025.
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