Title: The Decline of the U.S. Dollar: Global Forces and Local Impacts in Ghana By: | Date: May 2025 The United States dollar, long regarded as the cornerstone of global finance, is undergoing a significant decline internationally and within Ghana. This shift is driven by a convergence of global economic realignments, geopolitical shifts, and strategic resource management, including Ghana’s increased gold reserves. 1. Global Decline of the Dollar: Policy-Driven Weakness One of the most influential drivers of the dollar’s depreciation in 2025 is the U.S. government’s aggressive economic policy under President Donald Trump. The administration has imposed steep tariffs on a broad spectrum of imports, including a blanket 10% tariff on all goods and an astonishing 145% tariff on Chinese products. These moves have triggered global trade disruptions, reduced investor confidence in the U.S. economy, and led to capital flight from American assets. In tandem, discussions of a po...
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