Asian markets dropped on July 7, with Japan’s Nikkei and China’s CSI 300 losing ground after the U.S. shifted its tariff deadline to August 1 without disclosing which countries are affected or how steep the duties will be—some up to 70%—prompting investor unease. U.S. Treasuries climbed on the safe-haven appeal of bond assets, and Brent crude slid to ~$68/bbl following OPEC+’s decision to boost oil output, targeting higher-cost producers like U.S. shalereuters.com+1reuters.com+1.