Mitsubishi UFJ: The US dollar may see limited recovery as a result of the court ruling.

Analysts at Mitsubishi UFJ Financial Group stated in a report that the recovery of the US dollar may be limited after a federal court blocked President Trump's global tariff policy. After the US International Trade Commission ruled that Trump did not have the authority to impose tariffs on nearly all countries, the White House filed an appeal. The bank's analysts said, "Even if the appeal fails, the Trump administration is unlikely to easily accept this result." They said that Trump may seek other ways to achieve more favorable trade agreements, and nothing will stop Trump from appealing this matter all the way to the Supreme Court.