Citi analyst: The effect of the 90-day tariff extension measures may be limited.

According to Gate.io News bot, Citigroup analyst Andrew Hollenhorst pointed out in a recent research report that the “actual effect” of Trump’s announcement of a 90-day delay in imposing tariffs on most countries “may be less than expected.” As the chief economist of the United States, he emphasized that reciprocal tariffs from some countries still exist, and the risks of a slowing U.S. economy and rising inflation have not been eliminated.

Hollenhorst further analyzed that the current 10% base tariff, combined with an additional 125% tariff on most goods from a certain country, as well as tariff policies targeting specific industries, has caused the average effective tariff in the United States to rise by approximately 21 percentage points compared to early 2025. He also pointed out that “uncertainty in the trade sector will continue to exist.”