As we approach the first quarter of the year, analysts are adopting a more cautious stance regarding U.S. corporate earnings. Concerns stem from potential trade conflicts influenced by the Trump administration’s policies. Analysts indicate that increasing tariff worries could spark a global trade war. Such events could pose a threat to economic stability and growth. Investors must monitor these developments closely as they may significantly affect corporate profitability. The ongoing discussions around tariffs will shape market sentiments and investment strategies for the upcoming quarters.