Asia Shares Jump as U.S. Stocks Soar with Trump Tariff Pause
Asian markets rallied after U.S. stocks soared on April 10, 2025, following President Trump’s announcement of a 90-day pause on most tariffs, with exceptions for China.
Published on April 10, 2025
On April 10, 2025, Asian stock markets surged following historic gains on Wall Street. This rally came after U.S. President Donald Trump announced a 90-day pause on most tariffs, boosting investor sentiment across the region. Markets including Japan’s Nikkei 225, Australia’s S&P/ASX 200, South Korea’s Kospi, and Hong Kong’s Hang Seng recorded significant gains.
Meanwhile, U.S. markets experienced extraordinary growth with the S&P 500 up 9.5%, the Dow Jones rising 7.9%, and the Nasdaq jumping 12.2%—marking one of the best trading days since 1940. It is important to note that this tariff pause does not extend to China, where tariffs were raised to 125%, maintaining ongoing trade tensions.