U.S. stocks surge after Trump announces 90-day tariff freeze

Markets rally and dollar strengthens after president declares reprieve

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The Dow Jones Industrial Average soared after U.S. President Donald Trump said he would pause additional 'reciprocal' tariffs for most countries for the next 90 days.  © Reuters

Nikkei staff writers

NEW YORK -- U.S. stock prices staged a dramatic rebound Wednesday afternoon after U.S. President Donald Trump said he would postpone additional "reciprocal" tariffs on all countries except China for 90 days.

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