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The Trump administration is scrambling to craft a new tariff strategy as the current 10% global tariffs are set to expire at midnight. According to a New York Times report, officials have been working on replacement measures, signaling that the trade war uncertainty is far from over. The exact details of the new plan remain unclear, but the move suggests continued protectionist policies. Markets are likely to face renewed volatility as traders digest the implications for global trade and risk appetite. The expiration and potential resurrection of tariffs could impact sectors sensitive to import costs, such as manufacturing and retail, while also influencing intraday speculative trading on currency and commodity pairs.
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