Will Trump’s tariffs push USD even higher?

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ChapInTokyo
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Will Trump’s tariffs push USD even higher?

Post by ChapInTokyo »

I was reading this article about how the proposed tariffs under Trump could very well lead to the US dollar climbing higher.

What are your guesses?
Donald Trump’s policies risk making the US dollar a source of global instability

https://www.chathamhouse.org/2024/11/do ... nstability

Although Trump favours a weaker exchange rate, his policies are likely to have the opposite effect. The risk is that the US dollar could become too strong, which is bad news for the global economy.
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captainspoke
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Re: Will Trump’s tariffs push USD even higher?

Post by captainspoke »

Let me check my magic 8-ball...

I got "Don't count on it." And "Outlook good".
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ChapInTokyo
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Re: Will Trump’s tariffs push USD even higher?

Post by ChapInTokyo »

captainspoke wrote: ↑Thu Nov 21, 2024 4:23 am Let me check my magic 8-ball...

I got "Don't count on it." And "Outlook good".
How on earth did it _know_?! 😮
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sutebayashi
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Re: Will Trump’s tariffs push USD even higher?

Post by sutebayashi »

“ Since boosting the US economy will create inflationary pressure, ”

I don’t think that is necessarily the case, although that is the common model of thinking I suppose.
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