Sanisha Packirisamy, Chief Economist at Momentum Investments

Sanisha Packirisamy, Chief Economist at Momentum Investments comments, “In our latest Economies at a Glance publication for May 2025, the infographic highlights key trade agreements secured by the United States under President Donald Trump, in an attempt to address America’s US$1.2 trillion trade deficit and to promote fair trade. From a US$600 billion deal with Saudi Arabia to tariff reductions with China, the United Kingdom, and others, these agreements aim to boost American jobs and manufacturing. Nations like India, Japan and Vietnam are actively negotiating to strengthen economic ties, while challenges remain with smaller economies risking exclusion given the limited number of trade negotiators and tight deadlines before the 90-day reprieve on reciprocal tariffs is lifted. Moreover, a looming Supreme Court challenge to Trump’s tariffs is creating uncertainty, delaying firms’ investment decisions and disrupting global supply chains.”

Read Momentum’s full report here.

ENDS