Trump's Tariff Threats Unlikely to Impact Dollar, Analysts Say

According to Odaily, Mitsubishi UFJ Bank analyst Lee Hardman stated in a report that U.S. President Donald Trump's recent tariff threats have had little effect on the dollar. The market remains optimistic that his plans will not be implemented. On Tuesday, Trump announced he is considering imposing a 25% tariff on imports of automobiles, semiconductors, and pharmaceuticals. He warned that these tariffs could significantly increase within a year. Despite the potentially disruptive impact of these plans, Hardman noted that the dollar did not experience a significant overnight appreciation. This may indicate skepticism about whether Trump will follow through on his threats, given the lack of concrete actions at the start of his second term.