UBS: Targeted tariffs could support US dollar "
According to online reports, UBS Global Wealth Management analysts said in a report that the most favorable outcome for the US dollar in the short term will be the implementation of targeted tariffs by the United States. After a 90-day suspension, the July 9 deadline for re-imposing higher reciprocal tariffs is approaching. Analysts say the United States may impose tariffs on some countries that have not made significant progress on trade agreements, while extending tariff mornings for those that have made progress. Targeting individual countries in a trade war often strengthens the dollar, while widespread tariffs usually weaken the dollar.
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