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Trump says new tariff deadline is not 100 percent firm.

Trucks wait to load containers at the international cargo terminal at the port of Tokyo on July 8, 2025. Most stocks rose on July 8 as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.AFPCaption

US President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs on Monday.

Trump also said he may be flexible on his new August deadline to reach deals.

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