Donald Trump's tariff policies will cause the US dollar to collapse.
NOT BSTOTAL BS
TOTAL BS — Verdict: False
Verified by Lenz ·
The Short Version
The claim is false. While Trump's tariff policies have contributed to measurable dollar depreciation—roughly 3–10% against major currencies—the highest-authority sources (Federal Reserve banks, IMF, Yale Budget Lab, J.P. Morgan) characterize these moves as modest, not as a "collapse." A collapse implies a severe, disorderly breakdown of the currency, and no credible institution projects that outcome. The evidence supports dollar weakness, not a dollar collapse.
Caveats
The word 'collapse' dramatically overstates what the evidence shows: observed and forecast dollar depreciation of ~3–10% is within normal currency fluctuation ranges, not a systemic breakdown.
Some sources predicting dollar weakness (Goldman Sachs, Deutsche Bank) are making 12–24 month forecasts subject to significant uncertainty and changing conditions—these are not certainties.
Tariff effects on currencies are theoretically ambiguous: standard trade models actually predict tariffs could strengthen the dollar by reducing demand for foreign currency, meaning even the direction of the effect is debated among economists.