Trump’s Trade War Sparks Conversation About Future of U.S. Dollar
Donald Trump
Whether the U.S. dollar will remain the world's reserve currency in the wake of President Donald Trump's trade war was a source of debate on Wednesday at the 2025 TIME100 Summit. Writer and CNN host Fareed Zakaria, the moderator of a panel on the future of money, asked whether the U.S. dollar’s status is threatened, especially since “currencies are based on trust.” He and others pointed to the chaotic weeks since Trump’s April 2 announcement of steep taxes on imports on much of the world, some
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