Impact of Trump's trade war on the dollar's supremacy

SOURCE www.telegraph.co.uk
Despite Trump's trade war tactics, the damage to the dollar's supremacy may be irreversible as he has backed off from the trade war with China and turned attention to Europe, raising concerns about the US as an investment destination.

Key Points

  • Trump's trade war tactics have raised concerns about the dollar's supremacy
  • The focus has shifted to Europe, impacting perceptions of the US as an investment destination
  • Concerns about US fiscal sustainability and overvalued assets

Cons

  • Damage to the dollar's supremacy
  • Concerns about the US as an investment destination