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.

Asian shares were mixed on Friday after U.S. stocks climbed further into record heights as the clock ticks on President Donald Trump’s July 9 tariff deadline.

Asia stock markets mostly advance on Friday, investors remained on edge after President Donald Trump announced plans to begin sending letters outlining new trade tariffs or potential deadline extensions as early as Friday,