Trump 2.0 tariffs could drive Korean won a lot weaker, says Deutsche Bank
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Deutsche Bank's chief Asia economist, Juliana Lee, suggests that potential new tariffs under a Trump administration could lead to a competitive devaluation of the Korean won, especially depending on China's response.
December 05, 2024 | 6:30 am
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NEUTRAL IMPACT
Deutsche Bank's analysis on potential Trump 2.0 tariffs suggests a possible competitive devaluation of the Korean won, impacting currency markets.
Deutsche Bank's analysis could influence investor sentiment regarding currency markets, but the direct impact on DB's stock is neutral as the news is more about market analysis rather than DB's operations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50