(Adds analyst comment, updates prices, changes dateline)

By Eric Onstad

LONDON, April 10 (Reuters) - Copper and other base

metals prices rebounded sharply on Thursday along with other

risk assets after most U.S. tariffs were paused for 90 days.

Some investors were wary about the rally, however, since

U.S. President Donald Trump doubled down in the trade war with

top metals consumer China.

Benchmark three-month copper on the London Metal

Exchange (LME) gained 3.6% to $8,926 per metric ton by 0945 GMT.

Volatile LME copper tumbled as low as $8,105 a ton on

Monday, down from a peak of $10,164.50 touched on March 26, its

highest in more than nine months.

Trump paused for 90 days most of the hefty duties he had

just imposed on dozens of countries, giving a shot in the arm to

financial markets, but he boosted tariffs on Chinese imports to

125% from the 104% level that kicked in on Wednesday.

"This is just a typical financial market knee-jerk

reaction," said analyst Carsten Menke at Julius Baer in Zurich.

"But from an industrial metals perspective, the elephant in

the room is the relationship between the US and China, and we

haven't seen any improvement on that front."

U.S. importers have pre-bought Chinese goods in recent

months anticipating tariffs, so there will be a hangover, he

added.

"Your purchasing manager at Walmart will say we are fully

stocked, especially if we don't know where our own economy is

heading. So I think we are in for a softer demand backdrop in

terms of the industrial metals over the next few months."

The most-traded copper contract on the Shanghai Futures

Exchange (SHFE) gained 3.9% to 75,300 yuan ($10,254.66) per ton,

bouncing from an eight-month low hit on Wednesday.

Data on Thursday provided further evidence of a shaky

Chinese economy, as consumer prices fell for the second straight

month in March while factory-gate deflation worsened.

Among other metals, LME aluminium rose 2.5% to

$2,374 a ton, nickel surged 5.4% to $14,840, zinc

climbed 2.6% to $2,623.50, lead gained 2.4% to

$1,886 and tin jumped 3.9% to $31,000.

($1 = 7.3430 Chinese yuan renminbi)