China Tariff Rebuff Could Clip Dollar Rally, AllianzGI Says

(Bloomberg) -- Allianz Global Investors is preparing for the dollar’s rally to reverse at the start of next year, saying China is likely to respond to Donald Trump’s trade tariff threats.Greg Hirt, chief investment officer of multi-asset strategies at AllianzGI, said markets aren’t prepared for retaliatory tariffs that could hurt the US economy and prevent the greenback from strengthening further. He sees a risk of this happening soon after Trump takes office in January.The dollar has been rally