Trump Tariffs Postponed, Asian Stock Markets Rally

United States President Donald Trump postponed the implementation of trade tariff policies affecting dozens of countries.

Trump had previously planned to implement high US market import tariffs starting in early April 2025. However, the implementation has now been delayed.

"I have authorized a 90-day delay and a substantial tariff reduction during this period, to 10%, also effective immediately," Trump said, as reported by *The Associated Press* on Thursday (April 10, 2025).

In response to this policy, Asian stock markets rallied, including Indonesia's Jakarta Composite Index (IHSG).

According to *Google Finance*, at the close of trading on Thursday (April 10, 2025), the IHSG closed up 4.79% at 6,254.02.

Japan's Nikkei 225 index led the gains with a 9.13% increase. This marked the highest daily increase since August 6, 2024—a day after the Nikkei experienced a significant drop. ([Nikkei Plunges](https://databoks.katadata.co.id/pasar/statistik/66b0aacacaa36/bursa-saham-asia-merah-jepang-terparah))

"Investors bought back stocks today, regretting their decision to sell in the previous session," said Seiichi Suzuki, Chief Market Analyst at Tokai Tokyo Intelligence Laboratory, as reported by *Reuters* on Thursday (April 10, 2025).

"But today's rally also shows that the market was previously too pessimistic about the impact of Trump's tariffs," he continued.

The rise in Asian stock markets was followed by South Korea's KOSPI, which rose 6.60%, Singapore's STI by 5.43%, Hong Kong's HSI by 2.06%, and Shanghai's SSEC by 1.16%.