#TrumpTariffs and its impact on the US dollar 🇺🇸💰
In light of the countdown to the re-implementation of Trump's tariff definitions, investors are closely monitoring the movement of global markets, especially the USD/CNY pair. The new tariffs could lead to an increase in the cost of Chinese imports, prompting American companies to seek alternatives or pass the cost on to consumers. This would raise inflation and prompt the Federal Reserve to reconsider its policies. Additionally, any trade escalation could drive the Chinese yuan down, giving the US dollar additional strength in the short term. But the most important question is: do these policies lead to economic stability or further global disruptions?