Wall St gains offer Asia-Pac reprieve

A WEEK and half has passed since US President Donald Trump caught many off-guard by declaring tariffs on the rest of China's imports to the United States.

But Mr Trump appears to have blinked first as Washington delayed tariffs on some of those imports to December.

The concession made for a strong Tuesday session on Wall Street, which carried over to Asia on Wednesday with the Straits Times Index opening 0.8 per cent higher. But it lost steam to end the day almost flat at 3,147.60, up just 0.87 point from Tuesday.