President Trump said he was preparing to set unilateral tariff rates of up to 70% that would kick in Aug. 1, delaying the levies while putting pressure on global trade negotiations.
The European Union will hold crunch talks with the U.S. over the weekend in an effort to secure a tentative trade agreement that avoids the higher levies.
https://www.wsj.com/economy/trade/global-stocks-markets-dow-update-07-04-2025-39560611
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