Moody's analysts: The positive impact of Trump's tariffs being halted may be short-lived
ChainCatcher news, according to Jinshi Data reports, Moody's analyst Katrina Ell stated that the court's ruling to block the Trump administration's tariff increases seems positive for emerging markets severely affected by high reciprocal tariffs, but 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 head of Asia-Pacific economics. The ability to limit Trump's execution of policies that have caused market turmoil may ease tensions, but how any legal challenges will play out remains to be seen. "Right now it feels like a soap opera," Ell said, highlighting the issue that the market is most concerned about is how to navigate the uncertainty.
Given that the latest developments do little to eliminate uncertainty, investors are likely to remain in a wait-and-see mode until the situation becomes clearer.