Mitsubishi UFJ: Trade uncertainty remains a headwind for the dollar
2025-08-07 09:32:47
Mitsubishi UFJ said that as Trump's sweeping tariffs take effect on Thursday, uncertainty over U.S. trade appears set to continue to rise, which has a detrimental impact on the dollar. There is a good chance that Trump will go beyond what investors believe is the limit of the level of tariffs and generate needed revenue without causing undue damage to the economy. Since the job market is much more exposed to the potential impact of trade uncertainty, investor sentiment is likely to weaken, and the dollar and U.S. stock market could be affected.
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