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Most markets rise as Trump sends tariff letters, delays deadline
Most markets rise as Trump sends tariff letters, delays deadline
by  AFP

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. While Wall Street's three main indexes ended down -- with the S&P 500 and Nasdaq back from record highs -- Asian markets mostly rose.

BRICS criticism brings Trump 10% tariff threat
BRICS criticism brings Trump 10% tariff threat
by  AFP

US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import tariffs, hitting back at BRICS criticism of his trade policies as the bloc meets Monday. Now he is threatening to impose unilateral levies on trading partners unless they reach "deals" by August 1, with BRICS nations seemingly faced with higher tariffs than planned.

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