India, July 4 -- The Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as European stocks traded lower, with trading volumes likely to remain thin amid the Independence Day holiday in the United States.
U.S. President Donald Trump's approach to tariffs remains a concern as the July 9 deadline approaches.
Trump said late Thursday that his administration will start sending out letters to different countries starting Friday, telling them what import tax (tariff) rates they will have to pay to sell goods in the U.S.
Separately, U.S. Treasury Secretary Scott Bessent has said the U.S. and India are nearing a deal but talks with Japan and South Korea - have been stalled for weeks.
Clo...