Dollar's Decline Unlikely to Reverse Despite Tariff Removal, Says Strategist

According to Odaily, Macquarie strategist Thierry Wizman has stated in a report that even if the Trump administration removes all tariffs, the U.S. dollar is unlikely to fully recover its recent losses. Wizman noted that beyond capital flight, there is a need to reduce reliance on the dollar due to the declining integrity of some U.S. institutions and systems. He suggested that the dollar will no longer be an indispensable currency, but rather an alternative to a few comparable currencies like the euro.