3 MAGA Moves That Could Save the US Dollar’s Future

Juhi Mirza
MAGA CAP
Source: European Council on Foreign Relations

The US president, Donald Trump, has been constantly busy issuing new tariffs. These tariffs were supposed to strengthen the US dollar, but this strategy seems to have backfired. The US dollar has lost 10% of its value this year, as the US’s harsh trade tariffs have now turned the tables around for the dollar. Here are three leading ways to ensure the US dollar revival, which may ultimately help make America truly great again.

Also Read: US Dollar Future Value Set to Hit 102.40 Within 12 Months

3 MAGA Moves That Could Save the US Dollar

1. Energy Dependence and USD Revival

BRICS Oil US Dollar USD Currency
Source: seekingalpha.com / Arseniy45

As global de-dollarization efforts gain steam globally, the world has now started to officially opt for multiple USD alternatives. Regional currencies such as the Chinese Yuan and Swiss Franc have now started to gain ground, threatening the US dollar’s global dominance. However, if Trump truly wants the MAGA concept to work holistically, he will be required to revive the US dollar dominance in the energy sector, putting in efforts to revive and resuscitate the petrodollar dominion back into the game. This strategy will compel nations to buy energy resources, including petroleum, in dollars, helping it revive the lost dollar demand.

2. Bolstering US Manufacturing and Development

USD as king
Source: Watcher Guru

One of the leading MAGA moves that may help revive the USD dominance should be focusing on US manufacturing supremacy. This includes focusing on internal manufacturing techniques while laying a special emphasis on boosting and strengthening exports. This strategy will help bolster the US dollar demand, thereby injecting the USD dominance back into the sector.

3. Using Stablecoins for Global Dollar Impact

Stablecoins have been the latest strategic tool to help the world recognize America’s dominance in the financial domain. The US administration is now keenly pursuing the digital asset sector, a push that aims to prioritize and expand the US dollar’s dominion across the world. With multiple nations coming up with their own CBDC, the US must ensure methods to lead this sector, which in turn can help foster global trust, assisting the currency in gaining momentum once again.

Also Read: JPMorgan: Stablecoins will be Integrated in Traditional Finance