The U.S. dollar is experiencing a decline due to mounting concerns surrounding President Trump’s tariffs and their effect on the American economy. Jefferies economist Mohit Kumar highlights this decline in a report, expressing doubts about the U.S.’s continued status as an exceptional economic power. He believes that these tariffs may undermine the reliability of the United States, leading investors to seek alternative safe haven assets. Kumar suggests this era of a strong dollar is coming to an end, and currency fluctuations may worsen further. Furthermore, as global central banks decrease their reliance on the U.S. dollar, gold prices might potentially benefit from this shift.