Asian Markets Respond Positively to U.S. Tariff Pause Announcement

Following the announcement by the United States President Donald Trump's administration to pause tariffs on certain electronics devices, including smartphones, computers, and semiconductors, markets across the Asia-Pacific region experienced a significant rally on Monday.

Details of the Tariff Pause

Initially perceived as a tariff exemption, the administration clarified that consumer electronics would still be subject to semiconductor levies, with details to be announced in the coming week.

Market Reactions Across Asia-Pacific

Japan's Nikkei 225 saw a notable increase of 1.95% by 7:01 am CET, while the dollar weakened against the yen by 0.35%.

Hong Kong's Hang Seng surged by 2.51%, and in mainland China, the Shanghai Composite and Shenzhen Composite rose by 0.79% and 1.16%, respectively.

South Korea's Kospi and Australia's S&P/ASX 200 also enjoyed gains, climbing 0.88% and 1.36% at the same time.