US officials have indicated that the United States is not seeking to weaken the dollar as part of ongoing trade and tariff negotiations. Despite speculation, sources confirm that a weaker dollar is not a goal in these discussions. The US administration plans to impose tariffs unilaterally within the next two to three weeks, citing a lack of capacity to negotiate with all trading partners simultaneously. Additionally, the US has signaled an intent to cut the Supplemental Leverage Ratio, a move aimed at making Treasury holdings more attractive and countering de-risking efforts by European investors. The US dollar remains relatively stable against G10 currencies amid these developments, with some market consolidation observed. Currency talks appear to be closely managed, with only select officials, such as Bessent, allowed in the room, suggesting careful handling of the currency strategy.
US to Impose Tariffs in 2-3 Weeks as Administration "Lacks Capacity" to Negotiate with Everyone: Overview: While the US dollar is mostly a little softer today against the G10 currencies, it remains mostly within Wednesday's range. The yen is a notable… https://t.co/ald2B6LECP https://t.co/TciZs2cTfa
Two things: 1. POTUS say US to impose tariffs in 2-3 weeks unilaterally as lacks capacity to negotiate with the world. 2. US has signaled intent to cut Supplemental Leverage Ratio, which makes Tsy holdings more attractive blunting de-risking by Europe. https://t.co/yQfIMCVdAo
$USD is mostly consolidating, but risk is North American session responds stronger to POTUS announcement US will simply announce tariffs in next 2-3 weeks as it "lacks capacity" to negotiate with everyone. Hmmm... https://t.co/yQfIMCVdAo https://t.co/SfQpSexC2i