US EditionStocks Slip in Asia on US Tariff Confusion, Oil Skids
- The United States will notify countries of higher tariff rates by July 9, 2025, as stated by President Donald Trump.
- Commerce Secretary Howard Lutnick confirmed that higher tariffs would take effect on August 1, 2025, while Trump is setting the rates and the deals right now.
- US Treasury Secretary Scott Bessent mentioned that potential trade agreements could be announced soon, noting good progress with the European Union.
- Countries like Thailand are offering concessions to avoid tariffs, and decisions on a mini trade deal between India and the United States are expected within 24 to 48 hours, according to local news reports.
37 Articles
37 Articles
Although the 90-day reprieve from new tariffs announced by US President Donald Trump expires on July 9, Commerce Secretary Howard Lutnick said the higher tariffs would not be levied until August 1. However, Trump's words do not reflect this, leading to confusion, wrote the British newspaper The Guardian.
Asia stocks slip amid US tariff confusion, oil skids
By Wayne Cole SYDNEY (Reuters) -Stock markets slipped in Asia amid much confusion as U.S. officials flagged a delay on tariffs but failed to provide any detail or paperwork on the change, while oil prices slid as OPEC+ opened the supply spigots more than expected. The United States is close to finalising several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Su…
The Korea Times
The Straits TimesTrump says US nears trade deals as tariff effective date delayed
MORRISTOWN, New Jersey — The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Su...
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Bias Distribution
- 45% of the sources are Center
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