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Latin Times
Latin Times
Business

Asian Markets Rally On US Tariff Reprieve, Possible China Stimulus

United States Donald Trump China Asia Ford General Motors Stellantis White House Canada Mexico
The US tariff delay buoyed global markets and lifted the auto sector, with stocks in Hong Kong, Tokyo and Seoul climbing (Credit: AFP)

Asian stocks climbed on Thursday as investors welcomed US President Donald Trump's auto tariff delay and were expecting China to announce a large stimulus package.

The White House announced Wednesday an exemption on any autos coming through the United States, Canada and Mexico free trade pact, after Trump held talks with the "Big Three" US automakers -- Stellantis, Ford and General Motors.

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