Morgan Stanley: Trump's tariff letter could mean a tactical escalation in trade talks
2025-07-08 02:44:50
US trade talks are moving towards a tactical escalation, according to Morgan Stanley economists. The bank reported that if the latest tariffs proposed by the Trump administration in a letter to trading partners take effect, the weighted average tariff for Asia will rise to 27 per cent. However, Mr. Trump has said that the US is close to reaching a deal with India. Morgan Stanley said this suggests that most large Asian economies will be able to reach an agreement by the August 1 deadline. But Japan and South Korea may not be able to resolve key issues through negotiations. These include auto tariffs and agricultural products in Japan, as well as auto and steel tariff relief in South Korea, according to Morgan Stanley. (Jin Ten)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
摩根士丹利：特朗普的关税信函可能意味着贸易谈判的战术性升级Next article：
CZ：TON关于阿联酋“黄金签证”项目营销存在误导，应明确披露关键细节
