Euro Expected to Strengthen Against Dollar Amid U.S. Tariff Impact

According to BlockBeats, Candriam analyst Nicolas Jullien has indicated in a report that U.S. tariffs are likely to have a significant negative impact on the country's economic growth, potentially leading to a stronger euro against the dollar. Jullien noted that while the potential inflationary effects are harder to quantify, the disruption to demand may outweigh the direct impact of rising prices. He suggested that the end of American exceptionalism and waning confidence in U.S. assets could benefit the euro, as well as Germany's infrastructure and defense spending plans.