Markets rise as Trump sends tariff letters, delays deadline

Energy Daily

Published

Hong Kong (AFP) July 8, 2025

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. Days before the three-month pause on his "Liberation Day" tariffs was set to expire, the US president said he would give governments an extra three weeks to hammer out deals to avoid paying sky-h

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