[Agency: If tariffs hit US economic growth, the euro may rise further] Nicolas Jullien, an analyst at Candriam, said in a report that the euro seems to be going to strengthen further against the dollar as US tariffs will have a clear negative impact on US economic growth. "Although the potential impact on inflation is more difficult to measure, the destruction of demand may be greater than the direct impact of price increases." He said that the end of American exceptionalism and the loss of confidence in US assets should benefit the euro and Germany's infrastructure and defense spending plans.
