Jefferies economists say Trump’s policies may accelerate de-dollarization

Jefferies economist Mohit Kumar stated in a report that President Trump's interventionist regime could accelerate the process of de-dollarization, weakening the dollar's status as the world's reserve currency. He believes that under the new political order, countries will reduce their reliance on the dollar, and increasing holdings of gold and major metal assets is the best way to diversify dollar risk.