Kospi overnight futures (코스피 야간선물) soared nearly 5% after Donald Trump’s unexpected tariff announcement rattled global markets. While Chinese imports face a harsh 125% tariff, other nations received temporary relief, leading to sharp rallies across U.S. and Asian indices.
Shall we take a look at the power of Trump’s speech?
Trump’s Tariff Bombshell Shakes Up Global Trade
In a dramatic policy pivot on April 9, 2025, former U.S. President Donald Trump announced a sweeping 125% tariff on all Chinese imports, intensifying trade tensions just as global markets were beginning to stabilize.
At the same time, Trump offered a more lenient approach to U.S. allies: a 25% tariff that will be temporarily reduced to 10% over a 90-day grace period. The announcement took both markets and policymakers by surprise.
“We’re no longer going to tolerate unfair trade practices,” Trump said. “This is a wake-up call for countries that have taken advantage of America for too long.”
Nasdaq Rallies 12% as Investors React to Temporary Relief
The U.S. market reacted with explosive gains. The Nasdaq Composite surged 12.2%, one of its biggest one-day rallies ever, driven by optimism over the 90-day tariff reduction for non-China partners.
The S&P 500 gained 9.5%, and the Dow Jones rose 7.9%, as investors priced in temporary relief from inflationary pressures and trade uncertainties.
Asian Markets Follow the Surge
Asian equity markets mirrored Wall Street’s rally:
- Nikkei 225: +8.3%
- S&P/ASX 200: +4.7%
- Hang Seng Index: +3.7%
코스피 야간선물 Jump Nearly 5% on Renewed Optimism
Among the most notable reactions came from 코스피 야간선물 (kospi overnight futures), which spiked by almost 5%. This sharp rise indicates strong investor confidence in South Korean equities, driven by hopes that the country’s export-heavy economy could benefit from eased global trade conditions.
Kospi overnight futures often serve as a bellwether for Korea’s next-day market performance, and their surge suggests a bullish sentiment heading into the domestic trading session.
As a result of these developments, TradingView experienced a surge in traffic.
Short-Term Relief, Long-Term Questions
While markets are clearly celebrating the 90-day tariff relief, the increased pressure on China introduces uncertainty. Investors will be closely watching for a potential response from Beijing, as retaliation could unsettle the current rally.
For now, kospi overnight futures and global indices appear to be pricing in a temporary truce — but the trade war narrative is far from over.
A Temporary Bounce, But a Long Battle Ahead
Markets may have surged in the short term, but beneath the optimism lies a looming question: what happens after the 90-day grace period?
Trump made it clear that the 10% tariff for most countries is only temporary, and unless renegotiations occur, the full 25% rate will take effect once the 90 days are up. In other words, the tariffs will be fully enforced after the suspension ends, potentially reigniting trade tensions.
This means that while investors celebrated a brief window of relief, many experts warn that this is just the beginning of a much longer economic battle. Companies now face uncertainty over future costs, supply chain adjustments, and shifting trade routes — all of which could introduce fresh volatility.
In the end, the 90-day pause may offer a short-lived rally, but the road ahead looks anything but stable.
Final Thoughts The End of Economic Charity?
This moment may go down as a turning point in global trade. The U.S. has long been seen as a stabilizing force in international economics sometimes even acting as a cushion for weaker economies. But that era may be ending.
Trump’s message was loud and clear: the United States is no longer playing the role of the world’s economic benefactor.
With steep tariffs, rigid timelines, and unapologetic rhetoric, the White House is signaling a shift toward transactional, hardline policies. And whether you’re an investor, a policymaker, or a trading partner, it’s time to recalibrate.
America is no longer in the business of economic charity. It’s now playing for keeps.
Watch Trump’s Full Announcement
To watch the full statement from Donald Trump delivered on April 9, 2025, regarding the new tariff policy, click here
Check Real-Time Market Data
You can track real-time movements of global indices, including kospi overnight futures, directly on TradingView