It’s premature to relax on tariff concerns

It’s premature to relax on tariff concerns: Sevens Report Analysts Quoted in Investing.com


Strategist explains why tariff fears shouldn’t be exaggerated

The stock market’s rally this week, driven by the absence of immediate tariff announcements under President Trump’s new administration, has led some investors to believe tariff risks may have been overstated, according to the latest Sevens Report.

However, Sevens warned that it’s premature to relax on tariff concerns, highlighting potential volatility ahead.

“‘Day One’ of the Trump administration contained no blatant and additional tariff threats, as investors had feared,” Sevens Report analysts noted.

Yet, they cautioned, “tariff headlines will remain a consistent source of short-term volatility in markets this year.”

The report points out that Trump’s administration cannot unilaterally impose tariffs without first building a legal case.

“It’s not a surprise that Trump didn’t announce any new tariffs yet, Said the firm, adding that presidents do not have the power to just decree tariffs, especially with trading partners under existing legal trade treaties approved by Congress.

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