Stocks surge in relief rally after Trump pauses tariffs

Quick Summary:

SINGAPORE: Global stocks rallied, the dollar found footing and a manic bond selloff stabilised on Thursday after U.S.

President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

He also heaped pressure on China, saying he would raise the tariff on Chinese imports to 125% from the 104% level that came into effect on Wednesday.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaJapanSingapore

Topics: Markets Tariff Wars Equities Trading /Business/Business News Stock Asia Securities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 09:23:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 711 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27766509

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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