Stock futures slipped a bit overnight after President Trump slapped new tariffs on 14 countries and pushed the “reciprocal” tariff deadline out to August 1.
Dow futures dropped 99 points—not a massive dive, but enough to make investors take notice. S&P 500 futures nudged down 0.16%, and Nasdaq 100 futures barely budged but still ended up in the red.
The latest move came after Trump released more letters late Monday, bumping the list of countries facing hefty tariffs on August 1 up to 14. The newly targeted nations? Bangladesh, Bosnia and Herzegovina, Cambodia, Indonesia, Japan, Laos, Malaysia, Myanmar, Serbia, South Africa, South Korea, Thailand, and Tunisia.
Trump didn’t just stop at tariffs—he also signed an executive order shifting the “reciprocal” tariff deadline to August 1. He chalked up the extension to “additional information and recommendations from various senior officials.” Classic D.C. shuffle.
Here are the LIVE updates from the Stock Market today:
In a historic first, malaria vaccine made for infants and babies is granted an approval.
The vaccine is likely to be introduced in some African countries in a few weeks.
Until now, there was no any specific vaccine for babies to treat malaria.
President Trump has given countries a bit more time to wrap up their trade deals, pushing the deadline from July 8 all the way to July 31. But here’s the catch—if countries don’t meet the deadline, they could face hefty tariffs of up to 40% starting August 1. India, for example, has already received formal warning letters about these tariffs. These new duties will stack on top of existing Most Favoured Nation (MFN) rates, but they won’t affect sectors like steel, aluminum, autos, and auto parts since those already have separate high tariffs. Take Japan: products like pharmaceuticals, semiconductors, and smartphones won’t see any new tariffs, staying at zero, but steel and aluminum will stick at 50%, and autos at 25%. Other products could see tariffs jump from 10% to 25%.
Also Read: GTRI Report: Trump Uses Tariffs As Tools, Not Trade Partnerships
On July 8, 2025, gold prices slipped on the Multi Commodity Exchange (MCX), opening at Rs 97,172 per 10 grams and later trading at Rs 97,136, down Rs 134. Silver opened slightly higher at Rs 1,08,498 per kg. The dip came amid easing tariff concerns after Donald Trump delayed sharp tariff hikes and hinted at flexibility. A stronger dollar and rising US yields also capped gold’s appeal. Spot gold steadied at $3,334 globally, while silver fell to $36.81. With tariff tensions easing, investors shifted to riskier assets. Industrial demand and volatility kept silver in focus, especially in Indian cities where demand remains strong.
The Indian stock market kicked off the day with a flat opening at 9:20 AM. The Nifty opened at 25,465.30, up just 4 points (0.0061%), while the Sensex started at 83,433.39, down slightly by 9.11 points (0.011%) from the previous session. Despite global jitters sparked by renewed tariff talks and Donald Trump’s tariff shocks rattling markets worldwide, Dalal Street remains composed. Unlike other markets breaking into a sweat, Indian equities are showing remarkable resilience. The bulls seem prepared for the challenges ahead—steady, calm, and ready to weather the storm without backing down.
Also Read: Stock Market Today: Share Market Reacts To Trumps Tantrum, Sensex and Nifty Open On A Flat Note
Speaking on Tuesday , US President Donald Trump said that the United States is nearing a trade agreement with India. His remarks came as he revealed new tariff rates targeting 14 other countries.
The flash floods that hit central Texas on Friday have claimed over 100 lives, with many more still unaccounted for.
Rescue teams are navigating muddy riverbanks amid ongoing rain and storms, but after four days, chances of finding survivors are dwindling.
At Camp Mystic, a Christian all-girls’ summer camp, at least 27 girls and staff members have died, while 10 girls and a counselor remain missing.
Meanwhile, the White House dismissed claims that budget cuts to the National Weather Service hampered the disaster response.
Refex Industries has bagged a significant order worth Rs. 250 crore. The project involves comprehensive ash disposal and the operation and maintenance of fly ash systems for a major government-owned power producer. The contract spans three years.
Titan reported solid performance in Q1FY26, with its consumer business growing around 20% year-on-year. The domestic market saw a 19% rise, while the jewellery division posted an 18% increase.
Trump’s at it again with the tariffs—this time, he’s slapped some pretty hefty ones on 14 countries, with the whole thing kicking in on August 1.
To break it down: these new import duties aren’t just matching the “reciprocal” tariffs Trump floated back in April—they’re sometimes even steeper. Japan, for instance, got a 25% tariff.
That’s a notch above the 24% he was talking about before. Malaysia? Same story: bumped up to 25%. So, if you were hoping for a gentler approach, yeah, that’s just not happening.
Dow Jones Industrial Average futures fell 87 points, or 0.19%, while S&P 500 futures edged down 0.16% and Nasdaq 100 futures dropped 0.15%.
