What a ‘Mar-a-Lago Accord’ Would Mean for the Dollar: QuickTake

Feb. 26, 2025, 4:03 PM UTC

President Donald Trump’s aggressive plans to shake up how the US trades with the rest of the world have fueled speculation about the potential for a grand multinational bargain that would deliberately weaken the dollar — helping American exporters compete with rivals such as China and Japan.

Trump hasn’t said he’ll do such a thing, but that hasn’t stopped the Wall Street chatter. Analysts have already settled on a name, the “Mar-a-Lago Accord,” after Trump’s private club in Palm Beach, Florida.

Much of the attention has focused on a paper by Stephen Miran, Trump’s nominee to lead the ...

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