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Asian 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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196 Articles

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Associated Press NewsAssociated Press News
+15 Reposted by 15 other sources
Lean Left

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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Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

ASX to dip on open as Wall Street falls on Trump tariff pressure

The Australian sharemarket is set to lose ground and follow overseas markets lower.

·Sydney, Australia
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npr broke the news in Washington, United States on Sunday, July 6, 2025.
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