Is US dollar dominance at risk?

aljazeera.comPublished: 4/23/2025

Summary

Donald Trump is at odds with his own administration over the value of the US dollar. He believes a strong dollar unfairly burdens American manufacturers by driving up costs for imported goods and stifling domestic competition, while his team supports measures to weaken it through tariffs and a "Mar-a-Lago Accord." Meanwhile, BRICS countries are also reducing their reliance on the greenback as global economies diversify away from the dollar.