Deal delays fuel market uncertainty

US President Donald Trump has increased pressure on countries to agree to trade deal terms before his 1st August deadline. If talks fail, Canada faces a 35% tariff, and the European Union and Mexico will deal with a 30% rate. The President has also targeted individual sectors, including a 50% threat on imported copper. He appears to be frustrated and losing patience over the lack of progress on these deals, and any further deadline extensions may impact his credibility. However, the passing of President Trump's “Big Beautiful Bill”, higher tariff revenues and the performance of the stock market...