Trump Might Need a Weak Dollar to Crush China

Lowering the value of the dollar could threaten Chinese commerce and help to re-industrialize America.

Author

Anthony Constantini
April 12, 2025

What’s happening: President Donald Trump’s tariffs have roiled global stock markets in the past couple weeks — but they’ve also had another effect: weakening the value of the United States dollar (USD). Some have put forward the idea that Trump sought to do this on purpose, as it could help to reset an economic playing field tilted toward China.

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