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

TOKYO, April 10 (Reuters) -

• Japanese rubber futures jumped 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: finished 14.7 yen, or 5.2%, higher at 298.1 yen ($2.04) per kg.

• The rubber contract on the Shanghai futures exchange for September delivery SNRv1 rose 470 yuan to finish at 14,975 yuan ($2,041) per metric ton.

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

• Global shares surged and a manic bond selloff stabilised on Thursday.

• Japan's Nikkei share average .N225 jumped 9% on Thursday as investors scooped up beaten-down stocks after Trump declared an immediate 90-day tariff pause.

• But oil prices retreated nearly 3% on Thursday as fears of a deepening U.S.-China trade war and possible recession eclipsed earlier relief created by Trump's announced 90-day pause on sweeping tariffs against most countries. 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, deepening a trade standoff with the world's second-largest economy.

• 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.

• The front-month rubber contract on Singapore Exchange's SICOM platform for May delivery STFc1 last traded at 165.3 U.S. cents per kg, up 4.7%.

($1 = 145.8300 yen)

($1 = 7.3381 Chinese yuan renminbi)