Global Markets Updates Live: Asian Markets follow Wall Street's cue, open higher post Trump tariff delay

Global Markets Crash Live: US President Donald Trump has paused the imposition of tariffs on both Canada and Mexico after announcing a 25% imposition on both nations starting Saturday night. The move triggered a recovery of nearly 550 points on the Dow Jones from its intraday lows. However, the indices on Wall Street still ended in the red. The news of tariffs pausing was positive particularly for currencies of Canada and Mexico, which reversed all of their losses to trade with gains.

Global Markets Crash Live: US President Donald Trump has paused the imposition of tariffs on both Canada and Mexico after announcing a 25% imposition on both nations starting Saturday night. The move triggered a recovery of nearly 550 points on the Dow Jones from its intraday lows. However, the indices on Wall Street still ended in the red. The news of tariffs pausing was positive particularly for currencies of Canada and Mexico, which reversed all of their losses to trade with gains. Trump has also said that tariff talks with China will take place within the next 24 hours and the Chinese markets will resume trading after their Lunar New Year Holiday only on Wednesday by which a deal might most likely take place.