|
Markets in Japan, South Korea and Taiwan soar after the U.S. president pauses punishing tariffs. Gains in mainland China were modest as trade hostilities heat up between Washington and Beijing.
|
|
Trump has said he is authorising a universal "lowered reciprocal tariff of 10%" for most countries, except China, while tariff negotiations continue.
|
|
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
|
|
