Trump tariffs, July 9 -- U.S. President Donald Trump has extended the deadline for tariffs on key trading partners, including Japan, South Korea, and Malaysia, until August 1, while imposing fresh tariffs in the range of 25% to 49%.

The announcement has already led to volatility in stock markets across the globe, and its ripple effects are expected to affect investors in the weeks ahead.

Japan's Nikkei added 0.3% and South Korea's KOSPI climbed 0.5% today. At the same time, Australia's stock index declined 0.5%, and Hong Kong's Hang Seng lost 0.7%. Back home, the Indian stock market traded in a narrow range, gyrating between gains and losses.

With markets preparing for ongoing volatility, it's important for investors to grasp how this ...