牛津经济研究院：长期美国资产抛售可能损害美元的储备货币地位

Core Viewpoint - The recent sell-off of U.S. assets is more likely a result of President Trump's tariff policies rather than a loss of confidence in the dollar's status as a reserve currency [1] Group 1 - If the current cyclical pressures on U.S. assets evolve into a long-term trend, the dollar's status as a reserve currency may be weakened [1] - Trade protectionism would need to be exacerbated by other drastic policy changes to reach this stage [1] - The U.S. would have to take measures to directly restrict capital flows and allow public debt dynamics to become unsustainable [1]