Could Trump’s tariffs damage the dollar?
Its status as the world’s reserve currency is at risk
Peter Leahy
Peter Leahy is an independent consultant specialising in the International Wholesale Interest Rate and Credit markets. He has worked with most of the world's largest financial institutions
Wednesday
Trump’s tariffs could damage the dollar
From our UK edition
Donald Trump says his tariffs are about liberation. But his aggressive turn toward protectionism may signal the beginning of a shift away from the foundations that have upheld American prosperity for decades. The US dollar’s status as the world’s reserve currency has long enabled the United States to consume far more than it produces, to