Goldman Sachs anticipates President-elect Trump's proposed tariff hikes -- expected to be double the size of the previous round -- combined with tax cuts, to significantly bolster the USD in 2025, despite initial market volatility.

Goldman Sachs underscores that Trump's aggressive economic policies -- doubling tariff hikes and implementing tax cuts -- will likely provide robust support for the USD in 2025. The evolving nature of these policies points to continued Dollar strength, as the broader market absorbs their implications.