- A new deadline is emerging President Donald Trump’s 90-day pause on reciprocity tariffs is about to expire. While the market is expected to extend before the end of the tariff probation on July 9, government officials have expressed only a few weeks of value, saying Sunday’s duties will return to their “liberation day” levels on August 1 unless countries reach deals with the United States
U.S. stock futures fell Sunday night as investors took dramatic attention to the high-risk tariffs over the coming weeks.
A new deadline is emerging as President Donald Trump’s 90-day pause on reciprocity tariffs is about to expire.
While the market is expected to extend before the end of the tariff probation on July 9, government officials said it will be worth only a few weeks and said Sunday’s duties will return to its “liberation day” level on August 1 unless countries reach a trade deal with the United States
Unless a trading partner reaches a deal with U.S. Treasury Secretary Scott Bessent “Boomerang back to April 2”This triggered an epic stock crash, which turned around when Trump announced a 90-day pause for negotiations.
Meanwhile, Commerce Secretary Howard Lutnick said the tariffs will take effect on August 1, “but the president is setting interest rates and transactions.”
Futures related to the Dow Jones industrial average fell 148 points, or 0.33%. S&P 500-year futures fell 0.37%, and Nasdaq Futures fell 0.35%.
This shows that trading weeks are less than Friday, when Trump said Thursday that futures showed a sharp drop Start sending letters Tariffs will be as high as 70%.
The yield rate of the treasury increased by 0.8 basis points to 4.348% in 10 years. Gold is essentially a fixed amount of $3,344.70 per ounce, while the dollar and the euro remain unchanged, down 0.05% against the yen.
U.S. oil prices are between 1.55% and $65.96 per barrel, while Brent crude loses 0.76% to $67.76 OPEC+ announces greater growth Output in August is as good as the previous months.
There isn’t much economic data over the next week, but the minutes of the Federal Reserve’s last policy meeting will be released on Wednesday.