New Zealand’s stock market has a better session since 2020

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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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