Asia markets surge after Trump pauses his trade war

A man looks at an electronic board showing the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo.

Kazuhiro Nogi/AFP/Getty Images

• Asia markets surged after President Donald Trump paused his trade war for 90 days.
• Trump's pause came after a rout in US Treasurys.
• China did not get a reprieve but stocks are still up on state support.

Asia markets surged early in the global trading day on Thursday after President Donald Trump announced he was suspending his trade war for 90 days.