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."
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