TOKYO, April 10 (Reuters) - Japan's Nikkei share average jumped on Thursday as worries about the economic impact of U.S. tariffs receded after President Donald Trump declared an immediate 90-day tariff pause for many countries.
At 0023 GMT, the Nikkei .N225 was up 8.8% at 34,492.05. .
The broader Topix .TOPX rose 7.9% to 2,534.89.
In a stunning reversal, Trump said on Wednesday he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending U.S. stocks rocketing.
The Nikkei's rally followed surges on Wall Street overnight, with the S&P 500 soaring 9.5% for its biggest daily gain since 2008.
Uniqlo-brand owner Fast Retailing 9983.T jumped 8%. Toyota Motor 7203.T was up 9.4%. Chip-related shares surged, with Tokyo Electron 8035.T and Advantest 6857.T advancing 12% and 15%, respectively.
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