Investor Concerns About Tariffs

Investors express significant concern regarding the potential for universal tariffs as indicated by a recent survey, with 60% highlighting it as the top macroeconomic risk for 2025. Although the idea of a universal 10% or 20% tariff on all goods is not the baseline expectation, it reflects the anxiety surrounding trade policies that could drastically affect the economy. The majority of investors anticipate additional tariffs primarily targeted at imports from China and certain auto imports, a sentiment supported by the recent introduction of a 25% tariff on imports from Mexico and Canada. This suggests that while investors are not firmly expecting a universal tariff, they recognize its potential as a serious risk that could influence market dynamics.