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Asian Markets Drop As Trump's Tariff Deadline Looms

Markets Drop
International Business Times Fews App News Provider
Fews App Post Time 16h ago

Oil prices sank after key producers said they would ramp up output more than expected next month AFP Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, though investors took heart after he said the levies would not kick in until the start of next month. While the White House has said several deals were in the pipeline, only two have been finalised ahead of the July 9 cut-off set by the US president. Governments from major trading partners including Japan, India, the European Union and South Korea have fought for the past three months to get agreements.

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