Taiex Rebounds as Asian Stocks Rise on U.S. Tariff Reversal

TaiwanPlus News

Taiwan's Taiex led a rebound in Asian stock markets on Thursday, following gains on Wall Street after Donald Trump suspended his reciprocal tariffs on every country except China. Despite that, Chinese stocks were also up in early trading.

Transcript

00:00Asian stock markets have followed gains on Wall Street after Donald Trump suspended his so-called

00:05reciprocal tariffs on all countries except China. Stock indexes in Hong Kong, Shanghai and Shenzhen

00:12are all up despite an increase in U.S. levies on the country and Beijing's own retaliatory tariffs.

00:18While in Taiwan, the TAI-X saw one of the biggest gains in Asia closing up 9 percent.

00:23Japan's Nikkei and South Korea's KOSPI have also rebounded. Taiwan's central bank governor says

00:29despite the gains, much uncertainty remains in the market.

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