Bank of America: Tariffs have a more significant negative impact on the U.S. economy and the dollar

PANews reported on May 30 that Bank of America analysts pointed out that the negative impact of US tariffs on the US economy and the US dollar is more significant than that on other countries and currencies. The bank believes that tariffs may trigger retaliatory measures, and the scale of US trade with the world exceeds that of other countries with the US, which makes it more vulnerable. Data will determine the fate of the US dollar: if US economic indicators are positive, investors may begin to ignore policy noise and support the US dollar; but Bank of America expects data to be weak because policy uncertainty has caused corporate recruitment and investment plans to stagnate, coupled with continued high tariffs. In addition, fiscal easing may push up borrowing costs.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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