Lates News

Moody's analyst Katrina Ell said that the court's decision to block the Trump administration from imposing tariffs seems positive for emerging markets heavily affected by high tariff rates. However, the uncertainty of what will happen next makes it difficult to draw any conclusions beyond that. "We cannot assume this is a sustained positive development," the Asia-Pacific economic chief said. The ability to limit Trump's ability to implement policies that cause market turmoil may ease tensions, but how legal challenges will play out remains to be seen. "It's like a soap opera right now," Ell said. The biggest concern for the market is how to navigate the uncertainty. Since the latest developments have done little to dissipate the uncertainty, investors are likely to remain cautious until the situation becomes clearer.