According to Odaily, Commerzbank analyst Thu Lan Nguyen has suggested that U.S. President Donald Trump's tariff policies may lead to a depreciation of the dollar, potentially reducing inflation rates for America's trade partners. Nguyen stated that if this trend continues, most central banks will not face the dilemma of balancing economic and inflation risks. This scenario could allow for further interest rate cuts, thereby alleviating the pressure on non-dollar currencies to appreciate against the dollar. She noted that, as of now, the impact of tariffs seems unlikely to reverse.