Trump wants a weaker dollar—but paradoxically, getting there may require a stronger one first.

Tough trade moves spark global uncertainty. That drives demand for dollars, causing a squeeze. The strong dollar hurts exports, pressuring allies to devalue. As others debase, U.S. eventually pivots—cutting rates, printing more. That shift weakens the dollar long-term.

The twist? Trump may need to break the system before remaking it—weaponizing strength to manufacture weakness.