CosmicTaco
CosmicTaco

Asian Stocks Surge Amid Trump's Tariff Pause

  • Asian stocks saw their biggest jump in over two years after President Trump paused most of his sweeping tariff plans.
  • Trump announced a 125% tariff on China while pausing tariffs on other countries, leading to a surge in stock markets.
  • Japan's Nikkei 225 and South Korea’s Kospi index saw significant gains, while China's CSI 300 and Hong Kong’s Hang Seng Index also rose.
  • Trump praised 75 countries for not retaliating and mocked critics of his tariffs on Truth Social.
  • The White House framed the pause as a strategic move, but it remains to be seen if this will complicate future trade negotiations.

Source: The Independent, The Bbc

Post image
4mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across