美元的統治隨著全球安全貨幣受到威脅

專家警告說，以通貨膨脹，關稅和對美國領導力的全球信任的消失。

The U.S. dollar’s reign as the world’s safe-haven currency is coming under threat with Donald Trump’s administration rolling out universal tariffs despite the threat of global backlash, a financial expert has warned.

一位金融專家警告說，隨著全球安全貨幣的威脅，美元的統治局勢正在受到威脅，儘管唐納德·特朗普（Donald Trump）的政府受到了全球強烈反對的威脅。

A major shake-up to the global financial order appears to be looming as President Trump announced plans for sweeping tariffs on all U.S. imports in a move that threatens to escalate global trade tensions and marks a radical departure from decades of open-market policy.

隨著特朗普總統宣布計劃對美國所有進口的所有進口徵收關稅的計劃，這一舉動有可能升級全球貿易緊張局勢，並標誌著與數十年的開放市場政策的徹底出發，對全球金融秩序的重大改組似乎正在迫在眉睫。

While the dollar may spike in the short term as investors react to the shock by retreating into what they think is safety, the nature of this ballooning crisis is different, according to Nigel Green, CEO of financial advisory firm Devere Group.

金融諮詢公司Devere Group的首席執行官Nigel Green表示，儘管投資者撤退到他們認為是安全性，但由於投資者對沖擊的反應可能會在短期內飆升，但這種熱門危機的性質卻不同。

“The threat is coming from inside the U.S., and the dollar’s safe-haven status might not hold under sustained inflation, weakening real yields, and growing distrust in American economic leadership,” the expert warned Monday.

該專家週一警告說：“威脅來自美國境內，美元的安全狀況可能不會在持續的通貨膨脹，削弱實際收益率和對美國經濟領導力不信任的情況下保持不變。”

He further explained that the inflationary pressures stemming from tariff-induced cost increases could weaken the U.S. economic outlook.

他進一步解釋說，由於關稅引起的成本增加而產生的通貨膨脹壓力可能會削弱美國的經濟前景。

“Trump is also aggressively lobbying for interest rate cuts. So, we’re looking at a weaker growth outlook combined with rising prices and political pressure on the Fed to stay dovish. That’s a textbook setup for dollar weakness over the medium term.”

“特朗普還積極遊說降低利率。​​因此，我們正在研究增長前景較弱，加上價格上漲和對美聯儲保持貧窮的政治壓力的上漲。這是中期美元弱點的教科書設置。”

However, Green argued that trust—not just economic size—sustains the dollar’s global dominance, which “Blanket tariffs attack that foundation directly.”

但是，格林認為，信任（不僅僅是經濟規模）鞏固了美元的全球統治地位，該國的全球統治地位“蓋帽直接攻擊了該基礎”。

If global partners begin to view the U.S. as hostile or opportunistic, the financial consequences could be dire, according to the executive, who pointed out that visible cracks have already formed in the system.

據高管指出，如果全球合作夥伴開始將美國視為敵對或機會主義，那麼財務後果可能會很可怕，他指出，系統中已經形成了可見的裂縫。

“We could be witnessing the early stages of global moves away from the dollar as the ultimate safe-haven currency.

“我們可能會目睹全球階段的早期階段，從美元匯款中，這是最終的安全貨幣。

The Devere CEO highlighted that ongoing diversification efforts by central banks abroad attest to this shift.

Devere首席執行官強調，國外中央銀行的持續多元化努力證明了這一轉變。

“Central banks in China, Russia, and parts of the Middle East have been gradually reducing their reliance on U.S. Treasuries as they diversify their foreign reserves.” He also pointed to rising interest in alternatives.

“中國，俄羅斯和中東部分地區的中央銀行逐漸減少了他們對美國國庫的依賴，因為它們使外國儲備多樣化。”他還指出，對替代方案的興趣上升。

“The rise of digital currencies and bilateral trade agreements in non-dollar denominations further suggest a slow but real shift in the global monetary order.”

“數字貨幣和雙邊貿易協定在非美元面額中的興起進一步表明，全球貨幣秩序的變化緩慢但真正的轉變。”

Looking ahead, Green warned that backlash from global trading partners could worsen the situation.

展望未來，格林警告說，全球貿易夥伴的反對可能會使情況惡化。

“If real yields fall, trust erodes, and America is seen as the source—not the shield—of global instability, we believe the dollar could begin to lose its unique safe-haven advantage.

“如果真正的收益率下降，信任的侵蝕和美國被視為全球不穩定的來源，而不是盾牌，我們相信美元可能會開始失去其獨特的避風勢優勢。

He urged investors to rethink their portfolio strategies.

他敦促投資者重新考慮其投資組合策略。

“Investors must position accordingly. Holding only USD-based assets or assuming the dollar will always outperform in a crisis is no longer a viable strategy. Tariffs will bite. Inflation will rise. And if the rest of the world sees the U.S. abusing its monetary power and abandoning open trade principles, the shift away from the dollar will accelerate. This could be an historical turning point for the U.S. currency.”

“投資者必須相應地定位。僅持有基於美元的資產或假設美元在危機中的表現總是不再是一種可行的策略。關稅會咬傷。通貨膨脹將會上升。如果世界其他地區的其他國家看到其濫用貨幣權力並放棄其貨幣上的權力並放棄開放式貿易原則，那麼遠離Dollar的轉變將成為歷史上的轉折點。