According to the 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 suspension of tariff increases on most countries "may not meet expectations." As the Chief Economist of the United States, he emphasized that retaliatory tariffs from certain countries still exist, and the risks of a slowdown in the U.S. economy and rising inflation have not been eliminated.

Hollenhorst further analyzed that the current 10% baseline tariff, combined with an additional 125% tariff on most goods from a certain country, as well as tariff policies targeting specific industries, has resulted in an average effective tariff in the U.S. rising by about 21 percentage points compared to early 2025. He also pointed out that "uncertainty in the trade sector will continue to exist."