Morgan Stanley: Trump’s Tariff Letter May Signal a Tactical Escalation in Trade Negotiations
2025/07/08 02:46According to a report by Jinse Finance, Morgan Stanley economists state that U.S. trade negotiations are moving toward a tactical escalation. The bank's report notes that if the latest tariffs proposed in letters to trade partners by the Trump administration take effect, the weighted average tariff in Asia will rise to 27%. However, Trump has indicated that the U.S. is close to reaching an agreement with India. Morgan Stanley believes this suggests that most major Asian economies will be able to reach agreements before the August 1 deadline. However, Japan and South Korea may not be able to resolve key issues through negotiations. According to Morgan Stanley, these issues include Japan's auto tariffs and agricultural products, as well as South Korea's requests for tariff reductions on automobiles and steel. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
