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New Zealand’s stock market joined the global manifestation of relief in response to the US pause of heavy tariffs.
The NZX -50 reference index has closed 3.3% – its best session since 2020.
US markets increased between 8% and 12% in reaction to the so -called reciprocal tariffs of President Trump.
The first -minister Christopher Luxon should speak with world leaders by telephone on Thursday about the new business environment, while the United States retaliated against China, walking tariffs to 125%.
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