ChainCatcher news, Moody's senior economist Katrina Ell stated that Trump's announcement of tariffs on major trading partners via social media serves as a reminder of how much volatility his presidency may bring to the markets.
She mentioned that, in fact, there was no preparation before Trump's policy announcement, which has caused significant anxiety in the markets. We do not know what will ultimately happen. No one can determine the timeline for the fulfillment of Trump's campaign promises. But it is certain that we are heading towards high uncertainty. People hope that if countries like Mexico and Canada manage to resolve the issues to some extent, trade tensions may ease. If they choose to demonstrate strength, things will escalate, and Trump will double down, which will have a larger ripple effect on other economies. (Jinshi)