FT learned about the threat to the dollar due to Trump's sanctions policy

The dollar may suffer due to the sanctions policy of US President Donald Trump. This was announced on Saturday, March 22, by American economist Barry Eichengrick, the Financial Times (FT) newspaper reports.

"The dollar's dominance was based on trade, alliances, and institutions. Now this era is about to come to an end," the expert noted.

According to the economist, Trump has not just weakened, "or even completely destroyed" relations with other countries in a few months, which could lead to the end of the dollar's existence as the world's leading currency.

Free fall: the dollar weakened its position against world currencies

Analysts warned of business-threatening economic uncertainty

On March 21, it was reported that the United States was showing minimal activity in the allied working groups created to combat attempts to circumvent sanctions against Russia. It is clarified that European officials are not yet able to determine whether the decline in US participation is related to political decisions or is the result of a lack of time and qualified personnel.

On March 18, US Treasury Secretary Scott Bessent announced that the American president had ordered a review of the country's sanctions policy. According to him, many players on the world stage are abandoning the dollar, so the United States is going to switch to the most effective sanctions regime.