CoinVoice has learned that, according to Jin Ten reports, Deutsche Bank analyst George Saravelos stated that the dollar is facing downward pressure due to the tariff cost impact on Americans.

Saravelos pointed out that if the tariff costs were borne by foreigners, the selling prices should decrease, but this trend has not occurred except in a few cases. However, he also mentioned that since inflation in the U.S. is still under control, it is not consumers but importers who primarily bear the tariff costs.

Saravelos stated: "Since the tariff costs are mainly borne by the U.S., this becomes another bearish factor for the dollar." [Original link]