The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So
The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Donald Trump’s ‘America First’ approach risks eroding US dollar supremacy amid trade war with China

  • Lack of any currently viable fiat currency alternative does not mean US dollar’s place as the world’s reserve currency is set in stone
  • US disengaging from globalisation would leave other countries and non-US firms less economically intertwined and less eager to trade in US dollars

The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So
The status of the US dollar as the world’s No 1 currency is not carved in stone, even if Washington might think that. Photo: Edmond So
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