[Economist: The dollar may rise if Trump implements tariffs] Golden Finance reported that Vasileios Gkionakis, an economist at Aviva Investors, said in a report that the dollar may rise further if US President-elect Donald Trump proposes new trade tariffs. He said that the recent appreciation of the dollar was mainly driven by economic fundamentals, including strong US economic data and favorable interest rate differentials. The contribution of tariff prospects to the rise of the dollar may be much smaller. This suggests that if these policies are implemented, the dollar has room to strengthen further. Import tariffs may push up inflation and widen the interest rate gap between the United States and the rest of the world. Tariffs may also weaken market sentiment and weaken global economic growth expectations, thereby boosting the safe-haven appeal of the dollar. The extent of the dollar's appreciation will depend on the scope, scale and implementation time of the tariffs.