Is the dominance of the US dollar unravelling under Trump?
- Written by Fabian Pape, Leverhulme Early Career Research Fellow in the School of Social and Political Science, University of Edinburgh
The dominant global financial position of the US and its currency, the dollar, is wobbling under the second Trump administration. AURA88 / ShutterstockThe US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times...
