Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors

BANGKOK (AP) — Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs hikes. U.S. futures were little changed, while benchmarks surged in Japan and China. Trump's decision to give a one-month exemption for U.S. automakers on his 25% tariffs for Mexican and Canadian imports raised hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. Tokyo’s Nikkei 225 index gained 0.9% to 37,759.95. Japanese automakers’ shares surged in U.S. trading, though Toyota Motor Corp. fell back in Tokyo trading. losing…