{"id":281958,"date":"2025-04-14T20:18:15","date_gmt":"2025-04-14T20:18:15","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/14\/global-markets-rally-as-trump-exempts-electronics-from-tariffs-dax-ftse-100-lead-gains-times-of-india\/"},"modified":"2025-04-14T20:18:15","modified_gmt":"2025-04-14T20:18:15","slug":"global-markets-rally-as-trump-exempts-electronics-from-tariffs-dax-ftse-100-lead-gains-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/14\/global-markets-rally-as-trump-exempts-electronics-from-tariffs-dax-ftse-100-lead-gains-times-of-india\/","title":{"rendered":"Global markets rally as Trump exempts electronics from tariffs; DAX & FTSE 100 lead gains – Times of India"},"content":{"rendered":"
\"Global<\/div>


\n<\/p>\n

\n
\n
\n
\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n

World markets advanced sharply on Monday after US President Donald Trump<\/a> announced a temporary exemption on electronics\u2014including smartphones, laptops, and computer chips\u2014from new tariffs, offering relief to technology companies and boosting investor confidence.
In early European trading, Germany\u2019s DAX surged 2.4% to 20,857.54, France\u2019s CAC 40 rose 2% to 7,245.28, and the UK\u2019s FTSE 100 climbed 1.8% to reach 8,104.83. US futures also pointed to a positive start, with the S&P 500 gaining 1.2% and the Dow Jones Industrial Average rising 0.9%, according to new agency AP.
Tech stocks lead gains <\/span>
Asia\u2019s markets logged solid gains, driven largely by optimism in the tech sector. Japan\u2019s Nikkei 225 rose 1.2% to 33,982.36, while South Korea\u2019s Kospi gained 1% to 2,455.89. Shares in major tech firms surged\u2014Tokyo Electron climbed 1.4%, Advantest jumped 4.9%, and Samsung Electronics advanced 1.8%.
Hong Kong\u2019s Hang Seng Index rallied 2.4% to 21,417.40. The Shanghai Composite rose a more modest 0.8% to 3,262.81, buoyed by new government data showing a 12.4% surge in China\u2019s exports in March compared to the same month a year earlier.
Trump\u2019s move to temporarily exempt key electronics from import duties came after China announced a steep tariff increase on US goods\u2014raising some rates to 125% in response to Washington\u2019s previous actions. In a statement, China\u2019s Ministry of Commerce called Trump\u2019s exemption \u201ca small step\u201d and urged the US to cancel all reciprocal tariffs entirely.
Australia\u2019s S&P\/ASX 200 also joined the rally, gaining 1.3% to close at 7,748.60. However, Taiwan\u2019s Taiex slipped by 0.1%, reflecting concerns over possible upcoming US tariffs specifically targeting chip exports\u2014a sector critical to the island\u2019s economy. Trump has stated that new chip tariffs are expected to be detailed \u201cover the next week.\u201d
Market volatility eases, but trade tensions linger<\/span>
Despite Monday\u2019s optimism, global markets remain on edge over the ongoing trade conflict between the world\u2019s two largest economies. Analysts warn that prolonged friction could lead to wider economic damage, potentially triggering a global slowdown. Trump\u2019s recent 90-day pause on select tariffs\u2014excluding China\u2014has temporarily eased fears, but uncertainty continues to cloud investor sentiment.
Last Friday, Wall Street closed with strong gains. The S&P 500 jumped 1.8%, the Dow climbed 1.6%, and the Nasdaq composite rose 2.1%, helped by better-than-expected earnings from major US banks. JPMorgan Chase reported a 4% rise, Morgan Stanley added 1.4%, while Wells Fargo dipped 1%.
Bond markets also saw significant movement. The 10-year US Treasury yield<\/a> stood at 4.44% early Monday, down from Friday\u2019s peak of 4.58%, but still significantly higher than the 4.01% level just a week earlier. Rising yields have raised concerns over potential sell-offs and broader economic instability, particularly as investors gauge the implications of ongoing trade policies.
Oil prices reversed earlier losses, with US benchmark crude up 63 cents to $62.13 per barrel and Brent crude, the global standard, rising 62 cents to $65.38 per barrel. Meanwhile, currency markets saw the US dollar weaken to 143.25 Japanese yen from 143.91 yen, while the euro strengthened to $1.1382 from $1.1320.
Gold, a traditional safe haven for investors, slipped about $9 early Monday to trade at $3,235 an ounce, as market fears eased slightly amid the tariff reprieve for electronics.<\/div>\n