Global Stocks Mostly Higher as Trump Pushes Back 'Reciprocal' Tariffs
1. Trump proposed new tariffs of 25% on South Korea and Japan. 2. Tariff enforcement deadline pushed to August 1, indicating openness to negotiations. 3. Global stocks reacted positively, with slight gains in S&P 500 futures. 4. U.S. Treasury yields increased, reflecting market uncertainty over trade policies. 5. Dollar trends mixed: rising against yen and pound, slipping against euro.