Dollar’s Decline Likely Endure Despite Tariff Removal, Says Strategist

Despite potential tariff removal by the Trump administration, according to Macquarie strategist Thierry Wizman, the U.S. dollar is unlikely to fully rebound from recent losses. Wizman, cited in an Odaily report, emphasizes that while tariffs might be removed, further action is necessary to reduce dependence on the dollar due to a perceived decline in the integrity of American institutions and systems. He suggests this will make the dollar less indispensable but rather a viable alternative to several currencies, such as the euro.