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Dollar firm, Asian stocks mixed as traders ponder tariff outlook ReutersGlobal stock markets are calling Trump's bluff on tariffs CNBCShares in Asia are mixed amid Trump's new tariff deadlines Yahoo FinanceWall Street is calling Trump's bluff CNN
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Trump tariffs raise the specter of sharper economic downturn for South Korea and Japan CNBCTargets of Trump's new tariffs speak out CNNEXTENDING THE MODIFICATION OF THE RECIPROCAL TARIFF RATES The White House (.gov)What Is a Trade Deal? Trump Takes an Expansive View. The New York Times
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US president also threatens 50% levy on copper imports in move that sent price of metal to record high
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Futures: Some Leaders Struggle; These AI Plays Push Higher Investor's Business DailyGlobal stock markets are calling Trump's bluff on tariffs CNBCDollar gains against yen as Trump's trade war intensifies Yahoo FinanceWall Street is calling Trump's bluff
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Tokyo had expected smooth tariff negotiations but is experiencing whiplash, becoming a central target of President Trump's trade frustrations.
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Many countries thought they were negotiating in good faith. The White House renewed its "reciprocal" tariff plan anyway, giving countries until Aug. 1 to make offers.
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The leaders of Japan and South Korea were the first to get letters on Monday that informed them of the new tariff rates.
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