Goldman Sachs and Morgan Stanley: Trump May Use Other Tools for Tariffs.

Wall Street investment banks Goldman Sachs and Morgan Stanley stated that the cancellation of many tariffs imposed during Trump's presidency may have a limited impact. According to them, the administration has other options for implementing import duties.

'The tariff levels we had yesterday are likely to be the tariff levels we have tomorrow, because there are so many different authorities the administration can draw on to reinstate them,' said Michael Zezas, global head of research at Morgan Stanley.

According to analysts, the ruling of the US International Trade Court concerned the removal of 6.7% of tariffs introduced this year. However, they believe that the Trump administration will find other ways to impose new tariffs on imported goods to compensate for losses. The potential use of other tariff tools, such as fees under Section 232, could serve as an alternative.

Although the court ruling may increase uncertainty in the Trump administration's trade plans, experts believe it will not significantly change the final outcome for most US trade partners, who can expect new tariffs in the future.

Import tariffs imposed in previous years during Donald Trump's presidency may be removed. Wall Street investment banks believe it will not significantly impact the situation, as the administration has various tools to impose new tariffs on imported goods. Analysts' analysis showed that even if some tariffs are removed, new duties may be imposed to compensate. But this will not change the final outcome for most of the US trade partners, who can still expect new restrictions when importing goods.