Reported about 7 hours ago
As Donald Trump prepares for a potential second global trade war, Wall Street analysts express a more optimistic outlook, believing that risks are mitigated compared to his previous term. While Trump has threatened high tariffs on imports, especially from China, analysts suggest that the actual impact will be less severe due to companies adjusting their sourcing and potential compromises with trading partners. Despite fears of a full-blown trade war leading to significant economic costs, forecasts show a low probability for such an outcome, and markets appear largely unconcerned.
Source: YAHOO