Tariff uncertainty resurfaces as U.S. deadline looms again

Global markets are bracing for the expiration of the 90-day tariff “pause” on July 9, with investors cautious ahead of potential spikes in duties on autos, metals, and other sectors. Although Washington has reached narrow trade agreements with the UK and Vietnam, broader negotiations remain incomplete and complex.

This uncertainty has already caused jitters in equity and commodity markets. European shares have slid, weighed by concerns over industrial and bank sectors, while currencies like the euro and pound are being monitored for volatility . Companies exposed to U.S. trade face rising input costs and disrupted supply chains, and analysts warn that elevated tariffs could act as tax hikes passed on to consumers—adding fresh inflationary pressures.