BNP Paribas: If the Supreme Court overturns Trump's tariffs, the dollar may fall sharply.

According to Odaily Planet Daily, BNP Paribas stated in its 2026 outlook report that if the US Supreme Court rules that President Trump's use of emergency powers to impose comprehensive tariffs is unconstitutional, the US dollar could weaken immediately after the ruling. "This is because a key fiscal revenue stream will be negatively impacted, subsequently raising questions about the sustainability of the US fiscal deficit," analysts said. This could lead investors to demand higher premiums to hold dollar assets. However, the report also points out that the Trump administration may ultimately compensate for the fiscal gap caused by the lost tariff revenue by implementing alternative tariff measures. (Jinshi)