Tokyo/Hong Kong: Asian stocks rallied sharply after the U.S. announced a pause on its planned tariffs targeting Canada and Mexico. Major indexes saw significant gains, with Japan’s Nikkei and Hong Kong’s Hang Seng leading the surge.

The market rally reflects investor optimism that easing trade tensions could support global economic stability. Analysts noted that the U.S. decision provided a much-needed boost to investor confidence, particularly in export-driven Asian economies.