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flag Trump's tariffs on EU and Mexico lead to slight drops in Asian and U.S. stock markets.

flag US President Trump's announcement of 30% tariffs on imports from the EU and Mexico from August 1 has led to modest dips in Asian and US stock markets. flag The EU has extended its suspension of countermeasures until early August. flag Asian shares have remained mixed, with the Shanghai Composite and Hong Kong's Hang Seng rising slightly. flag Wall Street futures also eased. flag S&P 500 companies are expected to report a 5.8% increase in profits for the second quarter.

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