Goldman Sachs: Despite reaching a trade agreement, the US dollar will still be under pressure

金色财经|Jul 23, 2025 16:05
According to a report by Golden Finance, recent trade agreements have reduced the uncertainty that has been suppressing the US dollar, but there is almost no room for the dollar to rebound. Goldman Sachs economists stated in a report that "widespread tariff increases will put pressure on the relative outlook of the United States, thereby continuing to weaken the strength of the US dollar." Although the agreement with Japan has improved sentiment on Wall Street, Goldman Sachs said that it remains to be seen whether Japan's promised $550 billion investment in the US can be fulfilled. There are also doubts about how the cost of tariffs will be shared among exporters, importers, and consumers.
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