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 development triggered a global relief rally, with Wall Street witnessing historic gains and Asian indices mirroring the positivity. Japan’s Nikkei 225 index saw a substantial increase of over 2,000 points, while Taiwan’s tech-heavy Taiex index surged by an impressive 9.2%. The news of the tariff pause brought renewed optimism to investors and traders in the region, leading to a wave of buying activity across various sectors. The positive momentum in the markets is expected to continue as the trade tensions between the US and China seem to be easing, providing a much-needed boost to the global economy. This development comes as a welcome relief amid the uncertainties surrounding the ongoing trade negotiations between the two economic giants. With the markets responding positively to the latest tariff announcement, investors are hopeful that this trend will continue in the coming days, further strengthening the economic outlook for the region and beyond.