Stock markets shrug off tariff letters after Trump says August 1 tariff deadline ‘not 100% firm’ – business live

Rolling coverage of the latest economic and financial newsTrump delays tariff hikes again but announces new rates for some countriesExplainer: tariff threats draw muted reaction from Asian allies amid hopes deals can be reachedThe London stock market has opened slightly higher.The FTSE 100 share index has risen by 12 points, or 0.14%, to 8819 points, with mining companies among the risers.“Specifically, MITI will continue discussions with its US counterparts in good faith to address outstanding issues, clarify the scope and impact of the announced tariffs, and pursue avenues for the timely conclusion of our negotiations.” Continue reading...

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