Trump's Tariffs: The Race to Negotiate and Who Could Win Big

As US Tariffs Take Effect, Analysts Identify the Countries Poised to Strike a Deal with the Trump Administration.

The implementation of President Trump's large-scale reciprocal tariffs on global trading partners has commenced, prompting a flurry of activity from investors and businesses. However, according to investment bank Jefferies, certain stocks could emerge as winners if specific nations engage in negotiations. The firm identified the United Kingdom, Japan, Vietnam, India, and Cambodia as the most likely candidates to quickly reach agreements.

According to Barron's, the White House has received expressions of interest from approximately 70 countries willing to participate in negotiations, but conspicuously absent from the list is China. Aniket Shah, Global Head of Sustainable Development and Energy Transition Strategy at Jefferies, believes "agreements will be reached with at least some trading partners in the coming days."