Asian shares posted modest moves as investors await progress on trade deals with the US ahead of the July 9 deadline.
Indexes in Japan, Australia, and South Korea saw small declines after the Trump administration officials indicated Aug. 1 as the date for higher levies to kick in.
Oil prices fell as OPEC+ announced an increase in production, potentially leading to a surplus later in the year and pressuring prices downwards.
Investors are closely monitoring trade negotiations outcomes for market direction amidst ongoing uncertainty surrounding tariff deadlines and potential impacts on major economies like Japan and Europe.