Asian markets witnessed a significant surge following President Trump’s announcement of a 90-day pause on most planned tariffs, which will now be replaced by a reduced 10% Reciprocal Tariff. This decision led to a global relief rally, with Wall Street experiencing historic gains and Asian indices mirroring the positive trend. Japan’s Nikkei 225 index witnessed a remarkable surge of over 2,000 points, while Taiwan’s tech-heavy Taiex index soared by 9.2%. This development has instilled optimism in investors across the region, with hopes of a more stable trade environment in the near future.