The defining word of 2025? Uncertainty

The defining word of 2025? Uncertainty

Analysis: The Trump administration’s aggressive trade measures – beginning with the January 20 America First Trade Policy Presidential Memorandum, escalating with February’s Presidential Memorandum on ‘Reciprocal Trade and Tariffs,’ and culminating in Thursday’s ‘Liberation Day’ tariff announcements – have hurled the global economy into a territory of many unknowns.The nature of economic uncertainty has evolved, with its implications becoming in…

The rating agency says that the tariffs announced by Trump are expected to slow down economic growth, increase prices for consumers and businesses, and decrease household wealth. “Many companies are likely to hesitate to make large investments in the short term,” she says.