Bank of America(US:BAC) 智通财经网·2025-12-28 23:08Core Viewpoint - The CEO of Bank of America, Brian Moynihan, anticipates a de-escalation of trade tensions under the Trump administration in the coming year, despite the impact of tariff measures on the U.S. economy in 2025 [1] Group 1: Tariff Measures and Economic Impact - Moynihan states that the new tariff framework will maintain an average rate of 15%, with higher rates for countries unwilling to commit to increased purchases from the U.S. or to reduce non-tariff barriers [1] - The transition from a 10% to a 15% tariff is not expected to significantly impact most countries, indicating a potential easing of trade tensions [1] - The average tariff rate in the U.S. has risen dramatically from 2% to 14% since Trump returned to office, according to relevant research [1] Group 2: Small Business Concerns - High tariffs and trade policy uncertainty previously affected small businesses, but the pressure has eased as tariff rates stabilize [1] - Currently, the main concern for small businesses is not tariffs but the uncertainty surrounding labor supply, attributed to the incomplete implementation of certain immigration policies by the Trump administration [1]