Analyst: If Trump implements comprehensive tariffs, the strengthening of the dollar is unsustainable
PANews reported on March 29th, according to Jinshi, US bank foreign exchange analysts Athanasios Vamvakidis and Claudio Piron stated in a report that "We believe the risks are balanced before the deadline next week. We believe that tariffs on specific products have already been anticipated by the market. A comprehensive tariff would be a negative surprise. However, we do not expect the dollar to continue strengthening under these circumstances because the market is still worried about a slowdown in the US economy. Due to logistical difficulties, it may also take time to implement new tariffs, which will leave room for negotiation."
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
An independent miner successfully mined block 924569, capturing a reward of 3.146 BTC.
VanEck CEO: Will Exit Investment if Bitcoin’s Fundamental Logic Breaks, Market Demand for Privacy Continues to Grow