Donald Trump’s tariff date set! New rates to likely come into effect from August 1; US to issue letters shortly

US President Donald Trump is set to reveal trade agreements and tariff letters, with a potential August 1 deadline for nations failing to finalize deals. Negotiations intensified as countries aimed to avoid penalties on US exports, while the EU and Japan engaged in discussions with the US. Market concerns resurfaced amid trade reconciliation efforts, impacting global currencies and equity indicators.