RUBBER-Japan futures rebound as Trump's tariffs pause offers relief

TOKYO, April 10 (Reuters) -

• Japanese rubber futures rose on Thursday, recovering from the previous day's drop, as U.S. President Donald Trump's abrupt decision to pause tariffs for 90 days offered relief to investors.

• The Osaka Exchange (OSE) rubber contract for September delivery JRUc6, 0#2JRU: was up 12.5 yen, or 4.41%, at 295.9 yen ($2) per kg as of 0218 GMT.

• The rubber contract on the Shanghai Futures Exchange (SHFE) for May delivery SNRv1 rose 610 yuan, or 4.21%, to 15,115 yuan ($2,057) per metric ton.

• Following a days-long market rout that erased trillions of dollars from global stocks and pressured U.S. Treasury bonds and the dollar, Trump on Wednesday announced a 90-day pause on many of his new tariffs in a shock reversal.

• Global stocks rallied, the dollar found footing and a manic bond selloff stabilised on Thursday.

• Japan's Nikkei share average .N225 jumped on Thursday as worries about the economic impact of U.S. tariffs receded after Trump declared an immediate 90-day tariff pause.

• But oil prices fell around 1% on Thursday as Trump ramped up a trade war with China. O/R

• Trump raised the tariff rate for China to 125%, effective immediately, from the previously announced 104% tariff that had kicked off earlier on Wednesday.

• China's car exports will likely face greater-than-forecast pressure this year as U.S. tariff hikes hit the economies of important overseas markets hard, potentially curbing consumer demand, a Chinese auto industry association said on Wednesday.

• Volkswagen VOWG.DE said the uncertainty caused by Trump's tariffs was among the factors that led to its operating results plunging in the first quarter. The automaker has halted rail shipments of vehicles from Mexico as a result of uncertainty surrounding Trump's tariffs.

• The front-month rubber contract on Singapore Exchange's SICOM platform for May delivery STFc1 last traded at 165.5 U.S. cents per kg, up 4.8%.

($1 = 146.9100 yen)

($1 = 7.3471 Chinese yuan)