According to ChainCatcher, Jon Gray, the president of Blackstone Group, warned investors not to make a "knee-jerk reaction" to Trump's tariff drama, but instead suggested waiting to see the potential negotiation results. He stated: "Have a little patience." "Observe the evolution of this tariff diplomacy and make investment decisions over a longer period. I believe that during such a period, the danger is that if you do something short-term, you will miss opportunities."
As Trump is almost daily deciding on new tariff policies, the market is anxious about the economic impact of a comprehensive trade war. Gray said: "I think you must take a step back. The government can react, they can decide how to make concessions, and then ultimately end up in a different situation."