FT: Trump readies fresh tariff round targeting up to 60 countries as 10% global levy nears expiry

AI Market Summary
Reports that President Trump is preparing a new round of tariffs on up to 60 countries as a 10% global levy nears expiration elevate trade-policy uncertainty and raise risks of renewed supply-chain disruption. Markets typically reprice toward weaker global growth and tighter financial conditions, while cross-border cyclicals and risk assets face pressure. The USD can benefit from safe-haven demand and relative growth differentials as investors hedge geopolitical and policy risk.
Impact level
● High
Affected assets
NCSIDXY2USD/USDT+0.10%
AI Insight · NCSIDXY2USD/USDTAI Insight
▼ Bearish
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President Donald Trump is preparing a new round of tariffs that could apply to as many as 60 countries, the Financial Times reported. The move comes as the current 10% global levy approaches its expiration date.