Asian stocks cautious as tariff uncertainty looms; oil prices dip on OPEC+ output hike

Jul 7, 2025 - 09:00
Asian stocks cautious as tariff uncertainty looms; oil prices dip on OPEC+ output hike

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Asian markets experienced a downturn on Monday due to renewed uncertainty surrounding US tariff policies, exacerbated by OPEC+'s unexpected output increase. Trump's announcement of potential tariff hikes on trading partners caused anxiety, particularly as negotiations with key nations like India and Japan are underway.

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