Agency: Trump's tariff policy shift is positive, but uncertainty remains

According to ChainCatcher, David Cassidy, investment strategy director at Wilsons Advisory, stated that investors seem to lean towards the view that Trump's so-called reciprocal tariffs will significantly decline before the 90-day pause period ends. Cassidy said: "Compared to the situation 24 hours ago, we believe this is a major positive factor for the global and US economies, as well as major asset markets." However, he noted that significant uncertainty still exists. Cassidy added: "Despite the stock market rebound and improved prospects, some additional risk premiums for US assets may be permanent, or may take years to resolve."