Asia stocks subdued, Hong Kong plunge as Trump signals imminent tariff letters to trading partners
2025-07-04 05:49:33
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Asia stock markets mostly advance on Friday, investors remained on edge after President Donald Trump announced plans to begin sending letters outlining new trade tariffs or potential deadline extensions as early as Friday, fueling uncertainty in global markets. President Donald Trump said Thursday he plans to send letters to countries starting Friday, July 4, informing them of the tariffs they must pay to sell goods in the U.S., bypassing the process of negotiating individual trade deals. “My in...
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