TechFlow, December 2 — According to Jinshi Data, in its 2026 outlook report, Societe Generale stated that if the U.S. Supreme Court rules that President Trump's use of emergency powers to impose sweeping tariffs is unconstitutional, the dollar could weaken immediately following the decision. "This is because a key source of fiscal revenue would be negatively impacted, triggering market concerns over the sustainability of the U.S. fiscal deficit," analysts said, adding that it could lead investors to demand higher premiums to hold dollar-denominated assets. However, the report also noted that the Trump administration might ultimately implement alternative tariff measures to compensate for the fiscal shortfall caused by lost tariff revenues.
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