US EditionAsian Shares Rise After Wall Street Falls as Trump Pressures Trading Partners with New Tariffs
DELHI, INDIA, JUL 6 – Tariff letters targeting 12 countries are being prepared by Donald Trump as a trade deadline nears, raising concerns about disruptions in international trade relations.
- On Monday at 1600 GMT, Donald Trump sent tariff letters to 12 countries outlining rates from 60–70% to 10–20%, effective August 1.
- Following the April pause, Trump expects to send tariff letters or reach deals by July 9, with tariffs resuming afterward to pressure trading partners.
- Considering Trump’s unpredictability, analysts expect trade extensions to remain uncertain, with markets likely volatile into the July 9 deadline.
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198 Articles
Associated Press News+16 Reposted by 16 other sources
Asian shares rise after Wall Street falls as Trump pressures trading partners with new tariffs
Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect.
·United States
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Coverage Details
Total News Sources198
Leaning Left47Leaning Right21Center56Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 38%
C 45%
R 17%
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