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2025-08-01 08:36:47
[Analyst: The actual U.S. tariff rate may be between 17% and 18%, but the stock market is expected to see limited gains] AMP Chief Investment Officer Shane Oliver said that based on the latest announcement, the actual U.S. tariff rate may be between 17% and 18%, which is lower than the level of about 30% on "Liberation Day." Oliver said that although this is good news for the stock market and some uncertainties have dissipated, the gains will still be limited. Oliver said: "The problem is that the market has rebounded to near its historical high. But the reality is that we will still see higher tariffs than before 'Liberation Day', and in the coming months we will begin to see the economic impact of these tariffs. Currently, negotiations with Mexico have been delayed for another 90 days, and details on tariffs in various industries have not yet been announced."
