1418 ET - Uncertainty around Trump tariffs "has been arguably more harmful than the tariffs themselves," Evercore analysts write. "Investors were looking to April 2 hoping to finally get their arms around the macro implications of Trump's tariffs, but we fear this won't be the whole story in the end." Evercore says the recent announcement of "secondary tariffs" punishing countries that buy Venezuelan oil "further reduces the likelihood that April 2 is the peak of trade uncertainty." (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 27, 2025 14:18 ET (18:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.