Equity-index futures fell and the dollar dipped after President Trump said his administration may start sending out letters imposing unilateral tariffs on trading partners as early as Friday. Ahead of his July 9 deadline for trade negotiations,

Most Asian equity markets struggled on Friday and European stocks looked set to open weaker, despite record highs for Wall Street overnight, as U.S. President Donald Trump's deadline for trade deals loomed next week.

President Donald Trump said he would start sending letters to trading partners from Friday, laying out the details of new tariffs.

President Donald Trump signed his package of tax breaks and spending cuts into law Friday after his cajoling produced almost unanimous Republican support in Congress for the domestic priority that could cement his second-term legacy.

President Trump will sign the Republicans’ sweeping domestic policy bill into law in a ceremony on Friday afternoon, said the White House press secretary, Karoline Leavitt. Mr. Trump spoke extensively about his policy bill during an appearance in Des Moines on Thursday as he began a campaign to build public support for the legislation that he muscled through Congress.

Analysts say the sweeping budget act resolves the immediate debt crisis, but the resultant deficit could accelerate global de-dollarisation.

President Donald Trump's "big, beautiful bill" heads to be signed. What it could mean to Social Security and Medicare and the political fallout.