Things just moved into higher gear. The Trump administration has announced tariffs directly tied to geopolitical negotiations, and the escalation timeline is aggressive.
Starting February 1st, a 10% tariff hits Denmark, Norway, Sweden, France, Germany, UK, the Netherlands, and Finland. Fast forward to June 1st—these rates jump to 25% and stay locked in until terms shift.
That's a five-month runway to either reach a deal or watch trade friction intensify across multiple economies. For markets watching currency flows, commodity pricing, and cross-border capital movement, this is the kind of macr