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Goldman Sachs: Trump's Tariffs May Not Hit Hard

7/12/2025

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Summary

Story summary

Goldman Sachs suggests that President Trump's proposed tariffs on Asian trading partners might not hit as hard as feared. While uncertainty lingers, a consistent tariff approach could restore investor confidence. North Asian markets may bear the brunt, while Southeast Asian sectors remain relatively unscathed. A 5% tariff hike could lead to a 1% dip in regional earnings.

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Story summary

Goldman Sachs suggests that President Trump's proposed tariffs on Asian trading partners might not hit as hard as feared. While uncertainty lingers, a consistent tariff approach could restore investor confidence. North Asian markets may bear the brunt, while Southeast Asian sectors remain relatively unscathed. A 5% tariff hike could lead to a 1% dip in regional earnings.