Moody's: The positive impact of Trump's tariff suspension may be fleeting
According to online reports, Moody's analyst Katrina Ell said that the court's ruling to prevent the Trump administration from imposing additional tariffs seems positive for emerging markets that are severely affected by high reciprocal tariffs, but uncertainty about what will happen next makes it difficult to draw any conclusions beyond that. "We cannot assume this is a continuing positive development," the Asia-Pacific economic director said. Limiting Trump's ability to implement policies that cause market chaos may ease tensions, but how any legal challenges will play remains to be seen. "It's like a soap opera now," Ell said. This is a problem, and the market's biggest concern is how to weather the uncertainty. Because the latest developments do little to dispel uncertainty, investors are likely to remain in a wait-and-see mode until the situation becomes clearer. (Jin Shi)
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