Trump tariffs live: Stocks skyrocket as many duties paused

1 week ago 67

The US stock market has soared after United States President Donald Trump announced a 90-day pause on his “reciprocal tariffs” on nearly 60 countries, with the benchmark S&P 500 and tech-heavy Nasdaq Composite surging 9.52 percent and 12.16 percent, respectively.
Asian markets have followed the US rally, with Japan’s Nikkei 225 and South Korea’s KOSPI opening about 7 percent and 5 percent higher, respectively.