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Opinion: In Bessent we trust: How the U.S. Treasury secretary can rescue Trump’s economy - MarketWatch

1. Trump suspended tariffs for 90 days, aiming to soothe market fears. 2. Weak U.S. dollar and high bond yields signal market concern. 3. Trade tensions with China increase, impacting technology and aerospace sectors. 4. Tariff fears have not yet led to inflation, aided by low oil prices. 5. Interest rate cuts by the Fed may boost U.S. dollar strength.

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FAQ

Why Bullish?

Trump's tariff suspension may strengthen the dollar and enhance investor sentiment, similar to previous tariff resolutions that led to market recoveries.

How important is it?

The article discusses significant fiscal policies affecting the dollar; the 90-day tariff suspension is likely to influence DX00's immediate market movements.

Why Short Term?

The upcoming 90-day tariff suspension prompts immediate investor reactions, reinforcing the dollar's short-term fluctuations and sentiment shifts.

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