Citing BlockBeats, Societe Generale noted in its 2026 outlook report that the U.S. dollar could weaken immediately if the Supreme Court rules that former President Trump's use of emergency powers to impose broad tariffs is unconstitutional. Analysts stated this could negatively impact a key source of fiscal revenue, raising market concerns about the sustainability of the U.S. fiscal deficit and prompting investors to demand higher premiums for holding dollar assets. However, the report also suggested that the Trump administration might eventually implement alternative tariff measures to offset the fiscal gap caused by lost tariff revenue.
Societe Generale: Dollar May Weaken If Supreme Court Overturns Trump Tariffs
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