French Bank: If the Supreme Court overturns Trump's tariffs, the dollar may fall.

BlockBeats news, on December 2, BNP Paribas pointed out in its 2026 outlook report that if the U.S. Supreme Court rules that President Trump’s use of emergency powers to impose comprehensive tariffs is unconstitutional, the dollar may weaken immediately after the ruling. “This is due to a key fiscal revenue being negatively impacted, which in turn raises questions in the market about the sustainability of the U.S. fiscal deficit,” analysts stated. This could lead investors to demand a higher premium to be willing to hold dollar assets. However, the report also noted that the Trump administration may ultimately compensate for the fiscal gap caused by the loss of tariff revenue by implementing alternative tariff measures. (Jin10)