UBS: If Trump raises tariffs again, the dollar may fall.

Jin10 data reported on July 4th that UBS Global Wealth Management analysts stated in a report that in the worst-case scenario, the United States might reinstate the currently suspended reciprocal tariffs, and the dollar might weaken. The 90-day tariff suspension will end on July 9th. Analysts say the worst outcome would be the U.S. imposing higher tariffs previously announced on all trading partners without reaching a trade agreement. The dollar may face selling pressure against the euro, Swiss franc, Japanese yen, and British pound. They added that weaker currencies, such as those in emerging markets, would also decline.

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