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

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.