Explained: How US bond market fury stopped Trump’s trade war

The cost of waging a trade war to bring jobs back to America is the erosion of the US dollar’s position as the world’s reserve currency, writes Srinivasan Raghvendra, in Scroll.

Scroll-18 April 2025

 Srinivasan Raghvendra is a faculty member at Azim Premji University.

The content and opinions expressed are that of the author and do not necessarily reflect the views of Azim Premji University.