According to Odaily Planet Daily, Michael Pfister of Commerzbank stated in a report that US companies may pass on tariff costs to consumers, which will exacerbate economic concerns and lead to a weakening of the US dollar. This will increase inflationary pressure and may force consumers to reduce spending. "Since US consumers are the main driver of US growth, this may deepen concerns about the real economy." Higher inflation data may become increasingly apparent. However, given the political pressure on the Federal Reserve to cut interest rates, it remains questionable whether the Fed will stop its easing policy in this situation. Commerzbank expects the euro/dollar exchange rate (EUR/USD) to rise steadily until the end of 2026. (Jinshi)