World News

Stock traders eye profits ahead of August 1 tariff deadline

Markets are braced for volatility as the deadline for US President Donald Trump’s so-called reciprocal levies looms. The April ‘Liberation Day’ tariffs wiped more than five trillion dollars from global stocks before snapping back with a 90-day truce. Some traders are now looking to book profits by betting on what they see as recurring policy patterns by the Trump administration. Patrick Fok reports.

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