Trump tariff pause brings relief for global stock markets

Markets across Asia rise, with signs that trade war may not be as damaging to global economy as feared

Donald Trump’s surprise decision to pause the hefty tariffs he had just imposed on dozens of countries brought relief for battered global stock markets, even as he ratcheted up a trade war with China.

Markets across Asia rose sharply on Thursday on signs that the US president’s trade war may not prove as damaging to the global economy as feared.

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