Goldman Sachs: Tariffs may have longer-term impact on the dollar
Internet reported that the dollar fluctuated slightly as markets responded to a series of new tariff measures announced by Trump over the weekend. A 25% tariff on all steel and aluminum imports into the United States seems unlikely to be avoided as previous tariffs on the country. "We think they will have a more lasting impact on the dollar that the market has not yet fully absorbed," said Stuart Jenkins, an analyst at Goldman Sachs.
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