Deutsche Bank: The cost of tariffs is borne by the Americans themselves, and the US dollar faces downward pressure

Odaily Planet Daily - George Saravelos, an analyst at Deutsche Bank, wrote that the US dollar is facing downward pressure because Americans have suffered the impact of tariff costs. Saravelos pointed out that if foreign countries bear the cost of tariffs, their sales prices should decrease, but except for a few cases, this trend has not occurred. However, he also stated that due to controlled inflation in the United States, it is not consumers who bear the main cost of tariffs, but importers. Saravelos said, "Since the cost of tariffs is mainly borne by the United States, this has become another bearish factor for the US dollar