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The Trump cabinet is explicitly determined to improve its trade imbalance (export / import) and has spoken about the US dollar’s relative strength as a weakness
by datsci_est_2015 9mo ago
The Trump cabinet is explicitly determined to improve its trade imbalance (export / import) and has spoken about the US dollar’s relative strength as a weakness in trade imbalance.
There’s a delicate, fine line between dedollarization and a heavily weakened dollar, especially when the methods used are viewed as fickle and capricious (tariffs, threats). So it’s basically four choices:
- Dedollarization is not happening (#nothingeverhappens)
- Dedollarization is happening, but not because of anything the Trump admin is doing (lol)
- Dedollarization is happening and the Trump admin is either causing it or exacerbating it, despite not coming out explicitly favoring it (they’re idiots)
- Dedollarization is happening and it’s being orchestrated by the Trump admin (5d chess / malicious actors)