Asian markets experienced a significant surge on Thursday following President Trump’s announcement of a 90-day pause on most planned tariffs, opting instead for a reduced 10% Reciprocal Tariff. This decision triggered a global relief rally, with Wall Street achieving historic gains, and Asian indices mirroring the trend. Japan’s Nikkei 225 witnessed a substantial increase of over 2,000 points, while Taiwan’s tech-heavy Taiex index surged by an impressive 9.2%. This development has created a positive outlook for investors and market participants in the region, as they navigate the implications of the new tariff strategy. The market response indicates growing confidence and optimism in the wake of these recent changes, signaling a potential shift in economic dynamics.