Euro Gains Strength Against Dollar: US Tariffs Forecast to Weaken Economy

BlockBeats reports that Candriam analyst Nicolas Jullien believes U.S. tariffs will negatively impact the country’s economic growth, potentially boosting the euro’s value against the dollar. 💰 While quantifying inflationary effects proves challenging, Jullien argues that disrupted demand may outweigh price increases. He suggests a shift away from American exceptionalism and waning confidence in U.S. assets could benefit the Eurozone, particularly Germany’s infrastructure and defense spending initiatives. 💪