Stocks drop as Trump's new tariff sweep offsets earnings
Sunday, 3 August 2025 () Hong Kong (AFP) Aug 1, 2025
Stock markets fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed deadline, offsetting strong earnings from tech giants. With hours to go before the US president's deadline for governments to make toll-averting deals, he unveiled a list of sweeping levies he had decided to impose upon those still in talks. However, he did provide a minor re