The Indian rupee posted modest gains on Tuesday, tracking strength in regional peers, as markets looked past the White House's tariff letters and instead took solace in the deadline extension to August 1 that leaves room for deals to be struck.

Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, though investors took heart after he said the levies would not

Wall Street is pointing to a lower open as the Trump administration steps up pressure on trading partners to quickly make deals before a Wednesday deadline

The Indian rupee is poised to begin the week on a weak note, pressed by the decline in Asian peers following U.S. President Donald Trump's comments that higher tariffs could be reinstated by August if trade deals aren't secured.

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect. The S&P 500 lost 0.8% Monday.

Global shares are mostly down as the Trump administration steps up pressure on trading partners to quickly make new deals before a Wednesday tariff deadline. In early European trading, Britain’s