oaioai:dr.ntu.edu.sg:10356/201553

Can Trump safeguard the US dollar?

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Publication date
1 January 2025
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Abstract

President Trump has threatened to impose tariffs on countries that try to move away from the US dollar. Why he wants to protect the US dollar hegemony is quite clear – it gives America an “exorbitant privilege”. Whether he will succeed is less clear. Quite possibly, Trump’s efforts will end up dethroning the US dollar.Published versio

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Last time updated on 23/08/2025

This paper was published in DR-NTU (Digital Repository of NTU).

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