Asian markets experienced a significant surge on Thursday following President Trump’s announcement of a 90-day pause on most planned tariffs, which will be replaced by a reduced 10% Reciprocal Tariff. This decision resulted in a global relief rally, with Wall Street witnessing historic gains and Asian indices also following suit. Japan’s Nikkei 225 saw a remarkable increase of over 2,000 points, while Taiwan’s tech-heavy Taiex surged by 9.2%. This news has brought optimism and positivity to investors and market participants, with hopes for a more stable and predictable trade environment. The positive momentum in the markets reflects the impact of this significant development on the global economy.