According to PANews, Bank of America foreign exchange analysts Athanasios Vamvakidis and Claudio Piron have expressed their views in a recent report regarding upcoming tariff deadlines. They suggest that risks are balanced as the deadline approaches next week. The analysts believe that the imposition of tariffs on specific products is already anticipated by the market. However, they caution that comprehensive tariffs could be an unexpected negative development.
Despite this, the analysts do not foresee a prolonged strengthening of the U.S. dollar, as market concerns about a potential slowdown in the U.S. economy persist. Additionally, they note that logistical challenges could delay the implementation of new tariffs, potentially allowing more time for negotiations.