Asian markets mixed due to uncertainty over tariffs, Japan facing 25% tariffs, Trump threatens more tariffs

Asian stock markets are trading mixed on Tuesday amid uncertainty over Trump’s tariff policies. Japan to face 25% tariffs starting August 1. Trump threatens additional 10% tariff on BRICS nations. Australian stock market slightly higher, with technology and gold miners leading gains. RBA expected to cut interest rates. Aussie dollar trading at $0.652. Japanese stock market modestly higher with gains in automakers and tech stocks. Bank lending in Japan up 2.8% in June. U.S. dollar trading in lower 146 yen-range. China, Hong Kong, Singapore, and South Korea higher, while New Zealand, Malaysia, Taiwan, and Indonesia lower. Wall Street lower, European markets mixed. Crude oil prices edge higher.

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