Analyst: The impact of America First on the dollar has not yet emerged

Odaily News Scott Helfstein, head of investment strategy at Globalx, said that U.S. President Trump's inaugural speech focused on America First, and it remains to be seen what it means for the dollar. If the U.S. economy moves further ahead in global competition, the dollar may remain strong. Overall, he said, Trump's focus on revitalizing the U.S. economy may help maintain strong demand for U.S. assets. A weaker dollar may help U.S. manufacturing and exports, but at the same time, a stronger dollar will help offset the negative impact of high tariffs on the economy. He added that policy sequencing may play an important role in the Trump administration's implementation of tariffs, taxes and regulatory changes. (Jinshi)