Internet reports that most analysts expect Trump to eventually impose a tariff of at least 10%. Henrietta Treyz, head of economic policy research at consulting firm Veda Partners, said that with the completion of the Vietnam deal, Malaysia, Thailand and the Philippines could be subject to higher tariffs of 15 to 20 percent due to transshipment concerns. The most worrying uncertainty for businesses and investors is industry-oriented tariffs imposed on national security grounds under Section 232 of the Trade Expansion Act. Aluminum, steel and automobiles are already affected by industry tariffs. Investors have been waiting for the U.S. Commerce Department's decision to impose tariffs on pharmaceuticals, semiconductors, timber and other industries. (Jin Shi)