De-dollarization is a nagging agenda that the global nations have been vying to achieve for as long as one can remember. The idea of de-dollarization refers to reducing one’s reliance on the US dollar, with nations trying hard to derail the US dollar, snatching away its reserve currency status. But the tables have now started to turn. With Donald Trump leading the charge of the US, his aggressive policies and procedures have the power to end this de-dollarization “nuisance,” establishing a new world order in the process for others to follow. Here’s how he may bolster the US economy in three ways, ending the rising de-dollarization rumors.
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Three Ways Through Which Trump Can Bolster the US Economy And The US Dollar
1. The President’s Tariff Plan To Bolster US Dollar
By now, the world is fully aware of Donald Trump’s aggressive tariff policy. Donald Trump is trying hard to strengthen the US economy by bolstering its productivity and manufacturing momentum by imposing tariffs on imports from other nations. This policy incurs levying tariffs on imports from nations, which may later compel them to explore the US as a potential manufacturing hub for their goods, thereby adding more prestige to the US economic domain.
If Trump manages to become successful in his tariff import quest, that could help strengthen the US dollar more, making it irreplaceable and precious on all fronts.
JUST IN: 🇺🇸 Donald Trump to place 100% tariff on all goods from countries shifting away from the US Dollar, if elected President.
— BRICS News (@BRICSinfo) September 8, 2024
Is this enough to stop BRICS from expanding? 🤔 pic.twitter.com/AkWhQWRg1x
2. The President’s Crypto Plan
Donald Trump is also keen on launching a new crypto reserve comprising five leading coins of the cryptocurrency world. The list includes tokens like Ripple (XRP), Cardano (ADA), Solana (SOL), Bitcoin (BTC), and Ethereum (ETH). Trump’s Crypto Czar David Sacks in his latest tweet, added how a crypto summit is also set to take place at the White House, where more new developments pertaining to the said domain will be unveiled.
Donald Trump’s son Eric Trump was recently documented tweeting how traditional finance mechanisms should catch up with crypto to stay relevant in the current market dynamics. If this merger successfully happens, it would help America lead the new wave of financial change, inspiring other nations to replicate the process. Trump’s crypto idea is also crucial for the US to help pay its mounting US debt, helping the dollar strengthen in the process.
BREAKING: 🇺🇸 United States to establish Crypto Reserve consisting of the following cryptocurrencies
— BRICS News (@BRICSinfo) March 2, 2025
• Bitcoin
• Ethereum
• SOL
• XRP
• ADA pic.twitter.com/nPV0LrX3mw
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3. Trump’s Fostering Foreign Policies
In a new development, Trump has been noted for extending new requests of friendship and collaboration with Russia, a leading country and a prominent member of the BRICS bloc. Russia has also been responsive to the gesture, adding that the nation is ready to embrace their new relationship dynamics.
If Trump can neutralize the BRICS bloc, it could help the US curb the aggressive de-dollarization calls that the bloc used to pioneer at a rapid pace. This in turn will help strengthen the US dollar greatly, curbing the de-dollarization once and for all.
JUST IN: 🇷🇺🇺🇸 Russia names new Ambassador to the United States as relations continue to grow. pic.twitter.com/VWUuvHnj4m
— BRICS News (@BRICSinfo) February 28, 2025
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