Lates News

UBS global wealth management analysts said in a report that the most favorable outcome for the dollar in the short term would be the targeted tariffs imposed by the United States. The deadline for the resumption of higher retaliatory tariffs on July 9th after a 90-day pause is approaching. Analysts said the United States may impose tariffs on some countries that have not made significant progress in trade agreements, while extending tariff exemptions for countries that have made progress. Targeting individual countries in a trade war often strengthens the dollar, while broad tariffs typically weaken the dollar.