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Image Credit: Baystreet

Asia Mixed as Trump Nixes Extensions

  • Asia-Pacific markets traded mixed following Trump's decision to not extend tariffs deadline set for August 1st.
  • Nikkei 225 in Japan gained 0.3%, while Hang Seng in Hong Kong decreased by 1.1%.
  • Trump announced a 50% levy on copper imports and hinted at more sector-specific tariffs; threatened tariffs on pharmaceutical exports.
  • Various other markets in the region experienced mixed movements.

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