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The US dollar is suffering gravely at the moment, hitting its lowest in terms of its valuation and worth. The currency evolution has hit USD hard, with Trump’s fierce tariff policies adding more to the rising de-dollarization narratives. That being said, the US dollar is now losing its prestige gradually, shedding value, and at the same time, documenting a pivot of investors and countries dumping the US dollar for other alternatives. If this development continues, will the US dollar be able to survive it all and live to tell the tale? Also Read: How the US Dollar Can Maintain Its Global Supremacy The USD Is Plunging, And It’s Not Normal. Source: Freepik.com Per a recent post by Koyfin Charts, the US dollar is currently down 8.9% in a year, which is a depressing development to document at the moment. The currency has lately been hit from all sides, battered by Trump’s tariffs that have partially revived the de-dollarization agenda. Trump’s tariff policies have lat...

A US federal court has blocked Donald Trump’s sweeping ”Liberation Day” tariffs, calling them an overreach of presidential power and prompting BitMEX co-founder Arthur Hayes to say it’s time to “buy everything.” The US Court of International Trade’s decision covers the 10% baseline tariffs Trump applied to all nations, as well as the higher rates imposed on certain countries.  If the US court upholds its decision on the tariffs, it could lead to the refunding of all tariffs collected since April 2 this year, which might amount to around $10 billion, according to The Kobeissi Letter. China, which engaged in a heated tariff war with the US, will alone receive $3.5 billion in refunds if the decision holds.  The development prompted Hayes to tweet on X that it’s time to ”buy everything.” US Appeals Court Decision On Trump Tariffs Still, the Trump administration has already appealed the court’s decision. ...