Why a strengthening US dollar could spark instability in global markets in Trump’s 2nd term

• The dollar has gained since Trump’s election and his policies could boost the greenback further.
• A stronger dollar could suppress global trade and complicate inflation abroad, a think tank researcher said.
• “Without much scope for a negotiated decline in the dollar, more chaotic alternatives seem likely.”

Donald Trump’s proposed policies are likely to give the US dollar a boost during his second term, but a stronger US currency has the potential to unleash chaos in global markets, according to one think tank researcher.