Prologis: Expects emerging market policymakers to focus more on fiscal measures in response to Trump tariffs

Chris Kushlis, Chief Emerging Markets Macro Strategist at Platis, stated that in the face of Trump's tariff policies, emerging market policymakers are more likely to adopt fiscal measures to address the economic slowdown. Although most central banks have room to cut interest rates, fiscal support is expected to become the focus. The trends of emerging market currencies are unclear, influenced by multiple factors, particularly the economic slowdown and the pressure of central bank interest rate cuts. Specific sectors such as hardware technology and the automotive supply chain may face greater risks, while the financial and infrastructure sectors are relatively resilient. Market volatility will intensify, and credit performance will diverge