Goldman Sachs economist: Comprehensive tariff hikes will put pressure on the prospects of the US economy and weaken the strength of the dollar.

The trade agreement has reduced the uncertainty facing the US dollar, but there is not much room for the US dollar to rebound. Goldman Sachs economists said in a report, "A comprehensive increase in tariffs will put pressure on the US economic outlook, continuing to weaken the strength of the US dollar." The agreement with Japan has improved Wall Street's market sentiment. Goldman Sachs said that how Japan's promised $550 billion investment in the US will be realized remains to be seen. In addition, there are questions about how tariff costs will be shared among exporters, importers, and consumers. The US dollar index edged up slightly. The US dollar rose 0.4% against the euro, holding steady against the yen.