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Investors head into Trump tariff deadline benumbed and blase

UNITED STATES, JUL 6 – President Trump will send tariff letters to 12 countries with rates up to 70% as markets stay calm and S&P 500 hits record highs, despite looming August 1 deadline.

  • Investors approached President Trump's tariff notification deadline on July 9 with subdued reactions amid cautious market activity worldwide.
  • This followed Trump's April proposal of tariffs ranging from 10% to 70% on countries without trade deals and the expiration of a 90-day tariff pause.
  • Japanese stocks fell modestly as the Nikkei declined 0.56% to 39,587.68 and Yaskawa Electric dropped 10.29% after cutting its annual profit forecast due to tariff uncertainties.
  • Jeff Blazek said the market has become "more comfortable, more sanguine" on tariff news, while Paul Donovan warned inflation effects may not appear until January next year if policies persist.
  • These developments suggest markets have largely absorbed tariff risks so far, but heightened costs and delayed inflation pressures could influence global trade and corporate outlooks going forward.
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regionalmedianews.com broke the news in on Sunday, July 6, 2025.
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