In 2025, as a result of Trump’s tariffs( USA) all countries will try to get rid of the dollar, which will lead to the collapse of the American economy and the dollar becoming worthless. The countries of the world are thinking this way.
RAJA PENTAPATI AP BUREAU CHIEF
National News
Amravati August 28 (Bharat News) AP
Every country in the world has its own currency. But the dollar is the world’s currency. Now every country keeps its foreign exchange in dollars. . Due to this, America is printing dollars and releasing them to the world. That is why America is profiting more. Now it is time for the world to look at America.
If they all try to get rid of dollars slowly.. the entire American economic system will collapse. The dollar will become worthless.
The dollar is the world’s reserve currency. 58 percent of the world’s foreign reserves are dollars, and 54 percent of exports in international trade are transacted in dollars. Due to this, America is getting an “exorbitant privilege”. That is, it has the power to take loans at low interest rates and impose economic sanctions. That is why now the countries of the world are trying to get out of this dollar bond.
There are already indications that the influence of the US dollar in the world is gradually decreasing, in 2025, the value of the dollar will decrease by more than 10 percent, Trump’s policies and de-dollarization trends are accelerating this decrease. BRICS countries Brazil, Russia, India, China, South Africa and other emerging markets are trying to get out of the dollar-based system.
Now there are chances of taking these steps even faster. That is why Trump is accusing the BRICS.
If the countries of the world reduce dollar transactions and start conducting transactions through their own systems and currencies, the entire US economy will collapse. The results are already visible.
In 2025, Trump’s tariffs reduced US economic growth to 1.4 percent. The fiscal deficit reached 34 trillion dollars. Foreign investors reduced investment in dollars. This has reduced the dollar index by 10.8 percent. The lowest level since 1973. BRICS countries have switched to trading in rupee and yuan instead of dollar.
India has started trading in rupees with BRICS, the dollar share in Russia-China trade is less than 50 percent. This is reducing dollar transactions in commodities like oil and coal.
The dollar has become the world currency and has gained full control. Not everyone may be able to see an alternative right now, but.. it is slowly changing. That is.. the number of dollars going back to America is increasing. At the same time, the number of dollars going out of America is decreasing. This will gradually fragment the country’s economy. It is very difficult to predict the situation of America and the situation of the dollar after 2030.
Bharat News Andhra Pradesh
