Wells Fargo & Co.’s currency strategists say the US dollar stands to be one of the market winners from President Donald Trump’s trade war.Concerns about the fallout from his plan to keep raising tariffs has unsettled financial markets worldwide — dragging the dollar down along with stocks so far this year amid worries it could rekindle inflation and stall the US economy.

President Donald Trump is preparing to announce a sweeping round of new tariffs on imports set to take effect Wednesday, which he has dubbed “Liberation Day.” Details of what could amount to a major escalation in Trump’s global trade war are expected to be released in the coming days.

Donald Trump loves few things more than talking about his affinity for tariffs, but it's nothing new: he's been saying the same thing for decades.