SinoPac Securities: The impact of industry-specific tariffs compared to equal tariffs will be much greater.

VishnuVarathan from RHB Securities stated that the impact of industry-specific tariffs is much greater than that of equivalent tariffs, as Trump can implement these tariffs relatively unchallenged by law and at a faster pace. Industry-specific tariffs have the potential to "have an extremely large impact on global industry through a wider ecosystem." He said, "In this critical context, the situation becomes clearer: equivalent tariffs, final deadlines, and agreements are all just 'enticing traps'."