#Finance #GlobalMarkets #Trade #Investing
Global markets experienced a significant surge on Thursday, propelled by Japan’s benchmark index skyrocketing over 9%. This surge in market activity was largely attributed to the announcement made by U.S. President Donald Trump, wherein he revealed his decision to temporarily suspend substantial tariff increases.
Investors around the world responded positively to this development, as the decision to hold off on imposing further tariffs was perceived as a step towards easing trade tensions between the United States and its trading partners. The news of this temporary reprieve from escalating trade disputes provided a sense of relief and optimism to investors, leading to a notable uptick in market confidence.
Ramesh Khatri, a representative of Kansai Nepal News, commented on the recent market upturn, stating that the temporary halt in tariff hikes has injected a sense of stability into the global market environment. Khatri emphasized the importance of maintaining open lines of communication and seeking amicable resolutions to trade disputes in order to sustain long-term economic growth and stability.
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Author: MAYA | HARUTO
Posted at: April 11, 2025 12:01 am
