Could Trump’s tariffs damage the dollar?
Government
Its status as the world’s reserve currency is at risk Donald Trump says his tariffs are about liberation. But his aggressive turn toward protectionism may signal the start of a shift away from the foundations that have upheld American prosperity for decades. The dollar’s status as the world’s reserve currency has long enabled the United States to consume far more than it produces, run massive deficits without consequence, and project unparalleled geopolitical power. Trump’s decision to impose
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