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De-Dollarization Surged Under Biden—Now Trump’s Killing It

De-Dollarization Surged Under Biden—Now Trump’s Killing It

Published:
2025-08-02 17:05:00
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The global shift away from the dollar isn’t just slowing—it’s getting bulldozed.

Under Biden, de-dollarization gained momentum as nations scrambled for alternatives. Gold reserves? Up. Crypto adoption? Skyrocketing. Even the BRICS bloc flirted with ditching the greenback.

Then came Trump 2.0.

The dollar’s back with a vengeance—stronger, louder, and crushing dissent. Sanctions? Tightened. Trade deals? Dollar-first. Crypto? Suddenly under the SEC’s microscope.

Funny how ‘economic sovereignty’ evaporates when the U.S. flexes its financial muscles. Maybe those gold-backed digital currencies weren’t so bulletproof after all.

Trump Corrects Course Where Biden Went Wrong on De-Dollarization

Donald Trump Joe Biden US Presidents

Source: Emma Muñoz Descalzo / Real Instituto Elcano

Under the Biden administration, WHITE House Press Secretary Karine Jean-Pierre had said that the US will not stop other countries from choosing their partners to trade with. They did nothing to stop the growing discontent against the USD and turned a blind eye when emerging economies began settling payments in local currencies. Trump is doing the opposite of Biden by interfering in all the de-dollarization matters kick-started by developing countries.

He’s threatened countries with dire financial consequences if they MOVE away from the US dollar. While Biden ignored the de-dollarization started by other countries, Trump is holding them by the collar and threatening them with a fist pump. Several countries have bent the knee to the president and reduced import duties on the US. Many others are reaching out to the White House for talks that benefit both countries.

In conclusion, de-dollarization under Biden had sharp claws, and under Trump, the claws are being dented. Of course, they are still clawing back, but the seriousness is minimal, as a dented claw does not cause damage.

|Square

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