President Donald Trump's 10% global tariffs took effect Tuesday, marking a renewed effort to advance his trade agenda after the Supreme Court invalidated his original sweeping duties. The implementation follows legal challenges that forced a recalibration of the administration's protectionist measures.

Mehvish Ayub, Head of Managed Solutions Advisory at Bank of Singapore, analyzed the market reaction in an interview with Bloomberg's Joumanna Bercetche. Her insights reflect growing concerns among global investors about the changing nature of trade policy and its financial implications.

Ayub's commentary suggests US assets may no longer provide the traditional safe haven status during international trade disputes. This shift could force portfolio managers to reassess asset allocation strategies in response to increased market volatility triggered by the new tariff regime.