Trump to Deliver First State of the Union of Second Term Amid Trade Policy Setbacks

President Trump is scheduled to deliver his first State of the Union address of his second term this Tuesday, marking a pivotal moment for his administration's economic narrative. The speech comes at a critical juncture after the Supreme Court recently struck down most of the president's sweeping emergency tariffs. Analysts expect Trump to emphasize the resilience and growth of the US economy while acknowledging the ongoing price pressures affecting American households. This address is seen as a strategic move to reset trade policy and outline a new fiscal agenda following the legal setback. Market participants will be closely monitoring the speech for signals on future trade relations and domestic economic priorities. The potential for policy shifts could trigger volatility across the US Dollar Index (DXY) and Treasury yields as investors recalibrate their expectations.