Viewpoint: If traders still question the effectiveness of tariffs, the Fed's interest rate cuts will be minimal

Odaily Planet Daily News: John Higgins, a macro analyst at Capital Economics, pointed out in a report that even if the US International Trade Court rules that most of President Trump's tariffs are invalid, the trading environment for the stock market and commodities remains volatile and uncertain. Higgins stated that the stock market's response to the ruling of the International Trade Court has been lukewarm - the market has already included the risk premium of Trump's tariff policies in pricing. He added that as long as traders continue to question the effectiveness of tariff policies, the possibility of a significant interest rate cut by the Federal Reserve is minimal. In addition, the agreements reached by the United States with other trading partners are also facing uncertainty. (Golden Ten)