India, July 31 -- Asian stock markets are trading mixed on Friday, following the broadly negative cues from Wall Street overnight, as uncertainty over US reciprocal tariffs still lingers with less than a day remaining for the crucial deadline for negotiations to reach a trade deal expires. US President Donald Trump's revised tariffs on several countries lacking deals are set to be fixed between 10 and 41 percent, raising fears of supply chain disruptions and slower global growth. Asian markets ended mostly lower on Thursday.
Among major US trading partners, the UK, Vietnam, Japan, the Philippines, Indonesia, the EU, and South Korea have reached either a tariff framework agreement or a final deal with the US.
However, India, Canada, Brazil...