Analyst: If Trump implements comprehensive tariffs, the dollar's strength will not be sustainable
Athanasios Vamvakidis and Claudio Piron, foreign exchange analysts at Bank of America, said in a report, "We believe that the risks are balanced before the deadline next week. We believe that tariffs on specific products are already expected by the market. Comprehensive tariffs would be a negative surprise. However, we do not expect the dollar to continue to strengthen in this scenario, as the market is still concerned about the slowdown in the U.S. economy. Due to logistical difficulties, the implementation of new tariffs may also take time, leaving room for negotiations."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Invest Smart: 4 High-Potential Altcoins for Massive Returns This Year
Russia Addresses US Tariff Threats as BRICS Ramps up Dollar Escape Plan
Ripple Lawsuit News: Ex-SEC Lawyer Reacts to Unusual XRP Filing by $10M Fined Stock Dealer
Trending news
MoreCrypto prices
More








