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Vishnu Varathan of RHB Securities says that industry-specific tariffs have a much larger impact compared to equivalent tariffs, as Donald Trump can implement these tariffs relatively unchallenged by law and at a faster pace. Industry-specific tariffs could have an "extremely massive impact on global industry" through a wider ecosystem. He said, "In this crucial context, the situation becomes even more clear: equivalent tariffs, the final deadline, and agreements are nothing more than 'bait traps'".
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