Analysts: If Trump implements comprehensive tariffs, the strengthening of the dollar will be unsustainable
2025-03-29 06:29:23
Bank of America FX analysts Athanasios Vamvakidis and Claudio Piron said in a note, "We believe that the risks are balanced ahead of next week's deadline. We believe that the imposition of tariffs on specific products is already what the market is expecting. A full-scale tariff would be a negative surprise. However, we do not expect continued dollar strength in this scenario as the market remains concerned about a slowdown in the US economy. The implementation of new tariffs may also take time due to logistical difficulties, which will leave room for negotiations." (Jin Ten)
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