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The world is asking what an American promise is worth now. The answer could determine the dollar's future


Published on 2025-04-17 04:21:35 - Fortune
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  • A top economist and currency scholar said "the dollar's global role will suffer if the US is perceived as turning its back on its allies."

The article from Fortune, published on March 30, 2025, discusses the potential decline of the U.S. dollar's global dominance amid rising geopolitical tensions and economic shifts. It highlights how actions such as former President Trump's tariffs and the increasing U.S. national debt have contributed to concerns about the dollar's future. The piece also notes the growing trend of dedollarization, with countries like China and Russia promoting alternatives to the dollar in international trade. Additionally, the article mentions NATO's role in global economic stability and how recent political changes could further impact the dollar's status. Overall, the narrative suggests that while the dollar remains strong, its position as the world's leading reserve currency is increasingly under threat.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/30/dollar-future-global-status-dedollarization-nato-trump-tariffs-debt/ ]

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