India, July 8 -- Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are reluctant to make significant moves amid the lingering uncertainty about US trade policy after US President Donald Trump delayed the reciprocal tariff deadline until August 1. Asian markets closed mostly higher on Tuesday.
Trump also announced a 50 percent tariff on copper imports, hinted at a potential 200 percent tariff on pharmaceuticals, and an additional 10 percent ltariff on BRICS nations and their allies, marking a new phase in his aggressive trade policy.
Traders also look ahead to the release of the minutes of the US Fed's latest monetary policy meeting on Wednesday. It may shed light on the out...