Asian markets reacted positively after the suspension of Donald Trump’s so -called “reciprocal” duties for 90 days for most of America’s partners, despite the fact that the US president increased the tariffs for China to 125%. There were fears of a global recession and stock markets around the world were precipitated after Mr Trump’s announcement of “Day of Liberation” on Wednesday, April 2. However, the Asian markets are recovering today, as reported by the BBC: Meanwhile, Wall Street closed yesterday after the downward series of the last days, brought by Trump’s duties. The “partial freeze” announced today by the US president changed the climate in the markets, which opened “in the red”, with the indicators “taking off”. Specifically, the industry’s Dow Jones index closed with 2,962.86 points (+7.87%) to 40,608.45 points. The Nasdaq index, which dominates technology companies’ titles, closed with […]
Source: News Beast
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