Moody's: Positive Impact of Trump's Tariff Suspension May Be Fleeting
According to a report by Jinse Finance, Moody's analyst Katrina Ell stated that the court's decision to block the Trump administration from imposing additional tariffs seems positive for emerging markets severely affected by high reciprocal tariffs. However, the uncertainty about what will happen next makes it difficult to draw any conclusions beyond that. "We cannot assume this is a sustained positive development," said the Asia-Pacific economic director. The ability to limit Trump's implementation of policies that cause market turmoil may ease tensions, but how any legal challenges will play out remains to be seen. "It's like a soap opera now," Ell said, highlighting the issue that the market's main concern is how to navigate the uncertainty. Since the latest developments hardly eliminate uncertainty, investors are likely to remain in a wait-and-see mode until the situation becomes clearer. (Jin10)
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