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It's not clear to me that the rising risk of a trade war has a very clear impact on the dollar broadly. While it's negative for the dollar against some currencies, it is also very positive, at least in the near term against other currencies, net-net it is hard to say what impact a trade war will have on the dollar in the near term.

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    Quiz

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    In which movie does this quote appear: "I'm sure in 1985, plutonium is available at every corner drugstore, but in 1955 it's a little hard to come by"?
    A Back to the Future
    B Love & Plutonium
    C The Big Lebowski
    D Pulp Fiction