JOURNAL ARTICLE

Dollar sinks as Trump's new tariffs raise fears about U.S. debt and reserve currency status. 'When it's lost, economic collapse will follow'.

  • Published In: Fortune.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ma, Jason 3 of 3

Abstract

The article discusses the impact of President Donald Trump's new tariff threats on financial markets, particularly the decline of the U.S. dollar and the rise of precious metals. The dollar fell against the euro and yen, while gold and silver reached record highs. Trump's announcement of a 10% tariff on several European countries, escalating to 25%, is linked to his ongoing interest in acquiring Greenland. The article highlights concerns about the potential consequences of these tariffs on the trans-Atlantic alliance and the dollar's status as the world's reserve currency, with experts warning of economic repercussions if this status diminishes. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2026
  • Accession Number:190956269
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