Analysts: US trade tariffs to benefit the dollar
Edited By WION Video Desk
Published: Nov 29, 2023, 06:10 IST | Updated: Nov 29, 2023, 06:10 IST
JP-Morgan predicts a boost to the dollar from a polarising presidential race between Joe Biden and Donald Trump, which is likely lead to a trade war. They say that renewed tariff risk will have a positive impact on dollar. A 10% tariff on all goods might increase the value of the dollar by 4–6%.
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