Asian stocks cautious as tariff uncertainty looms; oil prices dip on OPEC+ output hike
Monday, 7 July 2025 ()
Asian markets experienced a downturn on Monday due to renewed uncertainty surrounding US tariff policies, exacerbated by OPEC+'s unexpected output increase. Trump's announcement of potential tariff hikes on trading partners caused anxiety, particularly as negotiations with key nations like India and Japan are underway.
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