Morgan Stanley analyzes the current uncertainty regarding US tariff policy and its potential impact on global economic and market conditions.
Impact of Tariff Policy on Markets
On July 7, 2025, Michael Zezas from Morgan Stanley noted that while US tariff policy is expected not to escalate, key scenarios may still unfold after the suspension period ends on July 9. Potential changes in tariffs may significantly influence global markets and economic forecasts. Three main scenarios are expected: extension of existing tariffs, tactical escalation, or announcements of agreements with certain trading partners. Each of these scenarios could uniquely impact the global market.
Historical Context of Tariffs and Bitcoin's Current Market Data
Historically, tariff tensions have induced market volatility, as seen during the US-China trade confrontation in 2018-2019. At present, Bitcoin (BTC) is trading at $108,938.26 with a market cap of $2.17 trillion. As of July 7, 2025, at 08:19 UTC, the 24-hour trading volume for Bitcoin was $39.41 billion, reflecting ongoing market volatility.
Recommendations for Investors
Morgan Stanley advises investors to reconsider their positions in both traditional and alternative assets as the deadline approaches. Experts emphasize the need to account for potential changes in tariff policy that may affect economic conditions and market dynamics.
Morgan Stanley's analysis underscores the importance of investor vigilance in the face of uncertainty regarding US tariff policy, which could impact global markets and the economy.
