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NZ shares edge lower amid jitters over Trump's tariff deadline

ReutersJul 13, 2025 10:32 PM

- New Zealand shares inched lower on Monday, with investors remaining on edge over the future of global trade as they weigh whether U.S. President Donald Trump's August 1 tariff deadline will stand.

The S&P/NZX 50 index .NZ50 had edged 0.1% lower as of 2227 GMT, while Wall Street futures were down with the S&P 500 ESc1 and Nasdaq futures NQc1 shedding 0.5% and 0.6% respectively.

Australian markets will resume trading on Monday, with the benchmark S&P ASX 200 index .AXJO closing 0.1% lower in the previous session.

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