Clarity in tariffs cannot come to investors soon

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The United States market, which started a month ago, is mainly a product on the economic policy of the US President Donald Trump. This is a lot of everyone agreed. There is less consent on the lack of general clarity of political prospects and policies that will reduce corporate gains of the problem.

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The last few times, the people of Wall Street, the people of the Wall Street hope that the fog in April 2, the administration announces mutual tariffs for both strategic areas, he said.

Shall we get the politics clarity in two weeks? Or will the mixture just get Messier? As soon as the market does not have a more important definition of the Sunday Outlook.

Thierry Wizman expressed the hopes of investors in a note yesterday: “New US Trade Representative (Ustr) Jamieson Greer will also regularize and rationalize with the import tariffs and program of the US management, as well as trade partners. We believe that the ‘summit chaos’ on the tariff policy is behind us …

“The new USTR is said to be a level of average tariff levels in each country, as well as a ratio to the country’s average tariff level.

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It is important to think yesterday and note that it is important to think that it can remain significant uncertainties after April 2. However, it believes that a more regular, predictable, an ordinary policy process can be held soon. The reason is that the leadership knows what the policy chaos he can do is actual damage. And it is recommended by the latest news in the latest news that a new approach is formed.

“The best trade talks in the President Donald Trump,” Monday, the best trade talks, the reciprocal tasks. This allows you to get an official way to get an opinion from enterprises and other stakeholders. “

Most importantly, officials such as article, Scott Bessent and Kevin Hassett, “investors said the relevance of the tax reduction and regulations.” It sounds quite promising for all rules, forecasting and profit fans.

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Yesterday Wall Street Journal, a plan to a plan for mutual tariffs of the White House (a plan “in favor of the” personal approach “,” an individual approach “is a” personal approach “,” an individual approach “” individual approach “to” individual approach “, converting non-tariff trading barriers, industrial subsidies and currency controls to the unit tariff rate for each US trade partner it would be. Meanwhile, cars, semicondists and additional 25 percent of the pharmacy are planned.

Yesterday morning, the Treasury Secretary Bessent appeared on television with the delicate intention. Each country will face an individual tariff rate and stressed the desire to negotiate: If partner countries eliminate trade friction, tariffs will descend. Tariffs would remain for strategic industries. He also noted that the United States is 15 countries with great shortcomings in the focus of management.

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The management is directly and indirectly trying to transfer clarity. But there is no secret of the remaining uncertainty.

Bessent, in which areas, steel and aluminum, did not clarify the leadership strategic. The list will include a large difference in the markets, for example, in the markets; As often as in the past, the drugs have become widespread that the drugs will be carved. And when the tariffs are pressed in “accumulated” – If mutual tariffs were on the head of the strategic – He was discovered and said that the trade representative and the trade departments are responsible.

This causes two basic questions. First, this management is based on a plan, Greer or someone else? How will other countries respond, negotiate and a mix of revenge? These answers will play over time, but at the beginning of the investors need a road map on the US.

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