16 July
Fitch Ratings: US corporations still vulnerable to retaliatory trade measures
Despite a recent pause in tariff escalation, American credit agency Fitch Ratings warned on Tuesday that the US corporate sector remains vulnerable to retaliatory actions from trading partners.
Although the 90-day suspension of reciprocal tariffs has temporarily eased immediate concerns, significant trade tensions with China persist. According to Fitch, even the temporary exemption of phones, computers, and other popular consumer electronics from duties does not eliminate these underlying risks.
Fitch previously identified sectors such as aerospace, defense, and pharmaceuticals as moderately exposed to potential trade restrictions. As tensions between the United States and China have intensified, the agency has revised its forecast accordingly.
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