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Trump's Ongoing Trade War Drives Markets Lower

UNITED STATES, JUL 6 – Stock futures dropped as tariffs were delayed to August 1 from July 9, increasing market uncertainty amid ongoing trade negotiations with the European Union and other partners.

  • On July 2, 2025, market participants in New York traded cautiously as concerns grew over the impending U.S. tariffs scheduled to take effect August 1.
  • The tariffs follow a 90-day pause that began in April to allow trade negotiations, with officials confirming duties will revert to prior high levels unless deals are reached.
  • Stock futures dropped Sunday evening with Dow futures down 148 points and S&P 500 and Nasdaq futures declining over 0.3%, reflecting investor uncertainty.
  • Commerce Secretary Lutnick confirmed that the tariffs are scheduled to begin on August 1, adding that the president is currently determining the specific rates and terms of the agreements.
  • The return of tariffs may increase market volatility unless swift trade deals emerge, while investors remain divided on the rally's sustainability amid these uncertainties.
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[NHK] On the 7th, in the New York stock market, sell orders spread after President Trump indicated his intention to impose a 25% tariff on Japan and other countries, causing the Dow Jones Industrial Average to fall...

·Tokyo, Japan
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Fortune broke the news in New York, United States on Sunday, July 6, 2025.
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