Analysts of Deutsche, Barclays and Morgan Stanley banks say that Trump's tariffs will lead to a rise in the dollar.
Deutsche Bank says that tariffs and The Associated stronger effects on the US dollar are likely to be significantly dominant compared to the announced policies that seek to weaken the US dollar.
Barclays Bank also said that the risks of tariffs are enough to support the rise of the US dollar, which could push the dollar to rise by 4% against foreign currencies such as the Chinese yuan.
Finally, Morgan Stanley Bank also says that Trump's tariff hike will strengthen the dollar, and even strengthen the OS even more when retail sales occur.
