Analysis: Targeted tariffs may support the US dollar

According to BlockBeats, on July 5th, UBS Global Wealth Management analysts stated in a report that the most favorable outcome for the US dollar in the short term would be the implementation of targeted tariffs by the US. After a 90 day suspension, the deadline for re imposing higher equivalent tariffs on July 9th is approaching. Analysts say that the United States may impose tariffs on some countries that have not made significant progress on trade agreements, while extending tariff suspensions for those that have made progress. Targeting individual countries in a trade war often strengthens the US dollar, while widespread tariffs typically weaken it. (Golden Ten)