US EditionStocks Mark Time as Trump Postpones Tariffs Deadline
TOKYO STOCK EXCHANGE, JAPAN, JUL 8 – Japan's Nikkei rose 0.2% as a weaker yen boosted exporters' overseas revenue and U.S. President Trump delayed tariff hikes by three weeks, easing market pressures.
- On July 8, 2025, President Donald Trump extended the tariff negotiation deadline to August 1, sending letters to Japan, South Korea, and others outlining potential tariffs.
- This followed abrupt tariff announcements, including 25% duties on Japan and South Korea and a 50% tariff on copper, which surprised many investors.
- Financial markets responded cautiously with U.S. stock futures edging up, while semiconductor duties remain under study and talks with Tokyo remain stalled.
- Market analyst Daniela Sabin Hathorn wrote the policy shift 'caught many off guard', causing a scramble to adjust positions, while Trump said the deadline is 'firm, but not 100 percent firm.'
- The extension prolongs uncertainty as investors will likely spend the coming three weeks speculating if trade agreements will prevent higher tariffs after August 1.
51 Articles
51 Articles
Stock Market Today: Dow, S&P 500, Nasdaq Open Higher Despite Trump Trade Fears; Tariffs Deadline Delayed; Dollar Rises; Treasury Yields Fall; Tesla, Nvidia, Wolfspeed, T-Mobile and More Movers
The Dow, the S&P 500, and the Nasdaq Composite were rising as investors braced for more trade developments after President Donald Trump delayed his tariffs deadline to Aug.1.
Stocks Stagnate Amid Trump's Global Tariff Escalation
Stocks Stagnate Amid Trump's Global Tariff Escalation Major stock indexes held steady on Tuesday as investors processed President Donald Trump's ongoing tariff measures. With target imports broadened to include a 50% tariff on copper, potential levies on semiconductors and pharmaceuticals loom.The stock market reactions mirrored a restrained response compared to April's sweeping announcements, which hinted countries might seek trade negotiations…
Daily Journal
Stocks mark time as Trump postpones tariffs deadline
Major stock markets marked time Tuesday after President Donald Trump extended his tariffs deadline and hinted at a further pushback, though uncertainty over US trade policy capped gains.
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