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The market is skeptical that Trump's latest tariff threats will materialize, and the dollar remains stable.

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Odaily
437Words
Feb 18, 2025

Odaily Planet Daily reported that Lee Hardman, an analyst at MUFG Bank, stated in a report that Trump's latest tariff threats have had almost no impact on the dollar, as the market optimistically believes that his plans will not materialize. On Tuesday, Trump indicated that he is considering imposing tariffs of about 25% on imports of automobiles, semiconductors, and pharmaceuticals. He warned that tariffs could "significantly increase within a year." Hardman believes that although these plans could have destructive effects, the dollar did not significantly appreciate overnight. This may reflect skepticism about whether he will follow through on the threats, given that he did not take concrete actions at the beginning of his second term. (Jinshi)

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