Asia shares jump after US stocks soared to historic gains when Trump paused most of his tariffs

Asian shares surged in early trading, with Japan’s benchmark jumping more than 2,000 point almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump’s decision to back off on most of his tariffs. Analysts had expected the regional comeback given that U.S. stocks had one of their best days in history on a euphoric Wall Street Wednesday, where investor hopes had run high that Trump would tone down the tariffs. On Thursday, Japan’s benchmark Nikkei 225 jumped 8.8% in morning trading to 34,510.86, zooming upward as soon as trading began. Australia’s S&P/ASX 200 soared 5.1% to 7,748.00.