Markets struggle as Trump warns tariff letters to be sent soon

Hong Kong (AFP) July 4, 2025

Most equities fell Friday as Donald Trump's deadline to avert his steep tariffs approached, with the US president saying he planned to start sending letters informing trading partners of their rates. Uncertainty leading up to next week's cut-off tempered the positive lead from another record on Wall Street, where a forecast-busting US jobs report soothed worries about the world's top economy