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Bank of America CEO Predicts Trade De-escalation Under Trump’s Tariff Policy

Bank of America CEO Predicts Trade De-escalation Under Trump’s Tariff Policy

Author:

Global Cryptocurrency

Published:

2025-12-29 01:43:01

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BTCCSquare news:

Bank of America CEO Brian Moynihan anticipates a reduction in global trade tensions by 2026, citing Trump's proposed tariff adjustments as a stabilizing force. During a CBS News interview, Moynihan framed the expected shift from 10% to 15% average tariffs as a measured recalibration rather than an economic shock.

Market analysts note the current 14% average U.S. tariff rate—up from 2% pre-Trump—could plateau NEAR 15.2% for key trading partners. This projection comes amid ongoing scrutiny of non-tariff barriers and retaliatory measures from other nations.

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