{"id":43840,"date":"2025-04-10T19:55:51","date_gmt":"2025-04-10T19:55:51","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops"},"modified":"2025-05-07T21:15:25","modified_gmt":"2025-05-07T21:15:25","slug":"global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops","title":{"rendered":"Global markets recover on Trump’s tariff pause as ‘fear index’ drops"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>Global markets rebounded on Thursday after US President Donald Trump changed course in his tariff policy, with the Volatility Index (VIX), known as the “fear index,” dropping from its highest level in five years.<\/p>\n

The sigh of relief was caused by US President Donald Trump’s decision to pause his “reciprocal tariffs” for 90 days on Wednesday.<\/p>\n

Trump announced a 90-day reprieve to all nations except China from a Wednesday deadline in which they were expected to be hit with tariffs above his 10% baseline.<\/p>\n

“I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” he wrote on Truth Social.<\/p>\n

The president said he was raising the tariff rate on China to 125%.<\/p>\n

Trump also said China is eager to make a trade deal but is uncertain about the pace after Washington raised tariffs on Chinese imports to 125%.<\/p>\n

\u201cWe have a tremendous amount of spirit from other countries, including China. China wants to make a deal. They just don’t know how quick to go about it,\u201d he said.<\/p>\n

The VIX, a widely watched measure of market volatility, fell to around 36.3 as of 0800 GMT on Thursday after rising to the 50 level during Wednesday\u2019s session, which is its highest since the COVID-19 pandemic.<\/p>\n

In the US, the stock markets posted the biggest one-day gains seen in years after suffering for four consecutive sessions following Trump’s decision to pause tariffs on Wednesday.<\/p>\n

Meanwhile, gold, a traditional safe-haven asset, also saw a rise. The price of gold rose to $3,110.12 per ounce, gaining 0.84% on the day.<\/p>\n

For More News And Analysis About Eritrea<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. Global markets rebounded on Thursday after US President Donald Trump changed course in his tariff policy, with the Volatility Index (VIX), known as the “fear index,” dropping from its highest level in five years. The sigh of relief was caused by US President Donald Trump’s decision to pause his “reciprocal tariffs” for […]<\/p>\n","protected":false},"author":84,"featured_media":43839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,1291,6436,910],"class_list":["post-43840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-eritrea","tag-global-markets","tag-us-president-donald-trump","tag-usa"],"yoast_head":"\nGlobal markets recover on Trump's tariff pause as 'fear index' drops - Eritrea<\/title>\n<meta name=\"description\" content=\"Global markets rebounded on Thursday after US President Donald Trump changed course in his tariff policy, with the Volat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global markets recover on Trump's tariff pause as 'fear index' drops\" \/>\n<meta property=\"og:description\" content=\"Global markets rebounded on Thursday after US President Donald Trump changed course in his tariff policy, with the Volat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-10T19:55:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-07T21:15:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/04\/sm_1744300333.357378.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global markets recover on Trump’s tariff pause as ‘fear index’ drops\",\"datePublished\":\"2025-04-10T19:55:51+00:00\",\"dateModified\":\"2025-05-07T21:15:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\"},\"wordCount\":284,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/04\/sm_1744300333.357378.jpg\",\"keywords\":[\"Eritrea\",\"Global markets\",\"US President Donald Trump\",\"USA\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-markets-recover-on-trumps-tariff-pause-as-fear-index-drops\",\"name\":\"Global markets recover on Trump's tariff pause as 'fear index' drops - 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