Morgan Stanley strategists released a report predicting that the Trump administration may extend the suspension of reciprocal tariffs to allow more time for negotiations. However, the broker took note that the White House had indicated a preference for using the "stick" rather than the "carrot" on tariff issues, suggesting that the market should prepare for more noise and possibly more volatility until the situation is resolved.Related NewsFactory Orders MoM for May in United States is 8.2%, higher than the previous value of -3.9%. The forecast was 8.2%.The broker's base case is that the U.S. will extend deadlines for most major trade partners citing progress in bilateral negotiations, possibly announcing high-level agreements with some partners while setting a date to increase tariffs on others.