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Asian shares dip, dollar struggles after Trump's tariff backflip
Asian shares eased on Tuesday, though U.S. futures rose after President Donald Trump delayed his threatened 50% duties on European Union shipments, while the dollar was headed for a fifth straight monthly loss. In Japan, yields on super-long government bonds fell early in the session, retreating from their all-time highs in the wake of last week's heavy selloff in the bonds. Markets in the U.S. were closed on Monday for a holiday, making for thin overnight trading conditions and leaving investors latching on to lingering optimism from Trump's U-turn on his threat to impose 50% tariffs on imports from the EU next month, restoring a July 9 deadline.
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