KOSPI · April 10, 2025

The rebound on the tariff pause

+6.60%

single-day change vs previous close

Part of a longer stretch

Five months past the tariff shock

early in it · 2025-04-09 → 2025-09-10, +44.51% over the whole period

What happened that day?

The KOSPI rose 6.6% on the day. The previous session had been the low of this decline
The US announced a 90-day pause on its reciprocal tariffs. China was excluded
Korea depends heavily on exports with the US as a major market, so it is directly exposed to tariffs — and reacted just as strongly to the pause
China's exclusion cut both ways for Korea. While the US-China fight continues, the business of selling intermediate goods into China stays unsettled
Tariffs were not removed, only deferred, but being able to plan ninety days ahead was enough to move prices
The advance that began here carried the KOSPI above the three thousand level it had long been stuck below in June, and kept running after that

Sources

Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is put together from the public record; where a specific source was consulted it is listed above.