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The Latest Breaking News on Most Markets Rise As Trump Sends Tariff Letters, Delays Deadline

Most Markets Rise As Trump Sends Tariff Letters, Delays Deadline

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.

International Business Times

Trump tariffs explained: what’s changed and why have Asian countries been hit so hard?

The shifting timeline of Trump’s tariffs, the most significant US tariff increase in nearly a century, has roiled global markets and caused widespread confusion

The Guardian - AU

Trump ramps up trade war with tariff blitz targeting 14 countries

Trump threatens to impose tariffs of 25-40 percent from August 1 unless countries make concessions on trade.

Al Jazeera

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Trump’s moving goalposts on tariffs show how hard it will be to win his trade war

ANALYSIS: It turns out getting 90 deals in 90 days is harder than making almost every Republican bend the knee, Eric Garcia writes

The Independent UK

Trump Undermines His Own South Korea Trade Deal With New 25 Percent Tariffs

In 2018, Trump hailed a trade deal with South Korea as "fair and reciprocal" and said it was "a historic milestone in trade." So much for that.

Reason

Stocks Slide on Trade Tensions

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. September E-mini S&P futures (ESU25 ) are down -0.82%, and September E-mini Nasdaq futures...

Barchart

Dollar Rises as Trade Tensions Undercut Stocks

The dollar index (DXY00 ) Monday rose by +0.30% and posted a 1.5-week high. The weakness in stocks on Monday boosted some liquidity demand for the dollar. The dollar extended its gains Monday when President Trump announced plans to hike tariffs on several countries, including Japan, South Korea, Laos, South...

Barchart

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Stocks sink after Trump announces steep tariffs Japan, Korea and 5 other countries

Trump also extended the pause on tariffs to Aug. 1.

Fortune

Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles

The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.

Fortune

London stocks close lower amid US tariffs uncertainty

The FTSE 100 index closed down 16.38 points, 0.2%, at 8,806.53.

Evening Standard

'Not all bad news': the Aussie upside of Trump tariffs

While Donald Trump's harsh tariffs on imports from Australia's key trading partners will whip up uncertainty, there could be an upside for consumers.

AAP

Trump delays tariff hikes again but announces new rates for some countries

US president posted copies of letters addressed to leaders of both countries on social media, stoking further confusion

The Guardian - US

Trump plans to delay tariff start to August 1 as he announces 25% levy for Japan and South Korea

Bizarre letters cite ‘unsustainable’ trade deficits with two of America’s most important allies and trading partners

The Independent UK

Stocks Pressured Ahead of Wednesday's Tariff Deadline

The S&P 500 Index ($SPX ) (SPY ) today is down -0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.70%. September E-mini S&P futures (ESU25 ) are down -0.54%, and September E-mini Nasdaq futures...

Barchart

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Barchart

Trade Tensions Boost the Dollar

The dollar index (DXY00 ) today is up by +0.14% at a 1-week high. The weakness in stocks today has boosted some liquidity demand for the dollar. Also, comments from President Trump that he will start announcing unilateral tariff rates in the coming days on dozens of countries are lifting...

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