President Donald Trump has instructed U.S. trade negotiators to impose steep tariffs—ranging from 25 % to 50 %—on imports from 14 countries, including allies like Japan and South Korea. Countries such as Brazil will face a 50 % levy, and tariffs on copper imports will increase to 50 % as of August 1. The U.S. Dollar Index weakened while global markets reacted cautiously, with Asian equities largely steady and European stocks showing modest gains as traders awaited more clarity