[PIMCO CEO: Tariff Uncertainty Poses Risks to the U.S. Stock Market] According to a report by Jinse Finance, Emmanuel Roman, CEO of Pacific Investment Management Company (PIMCO), stated that the full impact of Trump's tariff policies has yet to materialize. This issue could weigh on the outlook for the U.S. stock market, depending on how it develops. He said: 'While there are bright spots in the economy, such as the boom in data centers, if you look at companies outside of hyperscale enterprises, U.S. industry is not doing well.' Roman added: 'Revenues are not growing, and one of the unknowns is the impact of tariffs, as well as how U.S. companies will respond to issues like passing on costs or reduced profits.' 'We have yet to truly see part of the entire equation.'