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Most markets rise as Trump sends tariff letters, delays deadline
Investors tentatively welcome the delay amid hopes officials will be able to reach deals with Washington
Jul 08, 2025
Jul 08, 2025
Investors tentatively welcome the delay amid hopes officials will be able to reach deals with Washington
Fears of a possible global recession have battered oil prices, which extended losses
Even Trump backers like Musk hit hard by 'liberation day' market fallout
Inflation falling to a five-decade low and electricity price reductions spark optimism
Fitch warns new 25% average tariff rate could trigger slower growth, higher inflation, and Fed policy constraints