The second Donald Trump administration, inaugurated in January 2025, has initiated a profound reassessment of the United States dollar’s role as the world’s primary reserve currency, elevating political variables above traditional market fundamentals in shaping international monetary hierarchies. This analysis examines how policy departures from the postwar liberal international order (LIO) threaten the dollar’s preeminence, … Leggi tutto Dollar Dominance Under Trump: Political Reconfigurations and Reserve Currency Shifts in 2025