Devaluing the Dollar: How the Trump Administration Plans to Make America Poorer Again

In a time when American families are still reeling from the highest inflation in decades, it is beyond irresponsible—frankly, it's grotesque—for policymakers to consider weakening the U.S. dollar as a viable economic strategy. Yet here we are. The Trump administration appears to be flirting with exactly that: an orchestrated devaluation of the dollar under the so-called “Mar-A-Lago Accord”—a disturbing callback to the failed Plaza Accord of the 1980s. If history is any guide, this strategy does not end well. The logic? That weakening the dollar would make American exports more competitive and help rebalance trade. The reality? It's a false cure that risks poisoning the entire patient. The Dollar Isn’t the Problem—Policy Is Let’s dispense with the convenient fiction: America’s…