UBS: Targeted tariffs could support dollar
analysts at UBS Global Wealth Management said in a report that the most favorable outcome for the US dollar in the short term would be the targeted implementation of tariffs by the United States. The deadline for the re-imposition of higher retaliatory tariffs after a 90-day suspension is approaching on July 9. Analysts said the United States may impose tariffs on countries that have not made significant progress in trade agreements, while extending tariff deferrals for countries that have made progress. Targeting individual countries in a trade war often strengthens the US dollar, while broad tariffs typically weaken the US dollar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 4)—Grab a share of 50,000 BGB, up to 500 BGB per user!
Onchain Challenge (Phase 14) — Trade and share 100,000 BGB in airdrops

Bitget to support loan and margin functions for select assets in unified account
Up to 50% BGB rebates: Deposit & buy crypto with VND today!
Trending news
MoreCrypto prices
More








