Global Markets Await Tariff Deadline Outcome

GDANSK/LONDON: The deadline established by US President Donald Trump for key trade partners to reach agreements with Washington, or face substantial tariffs, is approaching next week. This marks the end of a volatile 90-day period, leaving global investors uncertain about future developments.

Over the past three months, President Trump’s pattern of issuing threats or imposing new tariffs, only to reverse them shortly after, has created considerable market instability.

However, investors appear to have grown accustomed to this unpredictable policymaking style. Consequently, there’s limited indication that many are bracing for significant disruptions on July 9. The prevailing expectation is that some form of postponement, temporary halt, or compromise will be reached.

The precise nature of this resolution remains highly uncertain.

Here’s a look at the current state of major markets compared to their position when President Trump initially announced the tariffs on April 2: Global stock markets have demonstrated a robust recovery following the intense fluctuations triggered by the initial tariff announcement.