According to Jin10 reports, analysts at a US bank pointed out that compared to other countries and currencies, US tariffs have a more significant negative impact on the US economy and the dollar. The bank believes that tariffs could trigger retaliatory measures, and that the scale of trade between the US and the world exceeds that of other countries' trade with the US, making it more susceptible to shocks.
Data will determine the fate of the US dollar: if US economic indicators improve, investors may begin to ignore policy noise and support the dollar; however, Bank of America expects the data to be weak, as policy uncertainty has already led to stagnation in corporate hiring and investment plans, compounded by persistently high tariffs. In addition, fiscal easing may drive up borrowing costs.
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According to Jin10 reports, analysts at a US bank pointed out that compared to other countries and currencies, US tariffs have a more significant negative impact on the US economy and the dollar. The bank believes that tariffs could trigger retaliatory measures, and that the scale of trade between the US and the world exceeds that of other countries' trade with the US, making it more susceptible to shocks.
Data will determine the fate of the US dollar: if US economic indicators improve, investors may begin to ignore policy noise and support the dollar; however, Bank of America expects the data to be weak, as policy uncertainty has already led to stagnation in corporate hiring and investment plans, compounded by persistently high tariffs. In addition, fiscal easing may drive up borrowing costs.