Just not true, broski. The end of WW2 and the start of the Cold War lead to countries trying to stash large sums of US dollars in offshore banks, explicitly beyond the reach of the feds. This morphed into a system of very large, time-bound deposits and complex, global collateral chains, which allowed currency expansion across the world. (Importantly, liquidity and elasticity). You may have heard of the repo market. This is the financial plumbing of the world, which began with WW2.
Inadvertently, this is why we also had to end the gold standard, otherwise "the dollar" would not be able to expand everywhere cause it couldn't float. This is also why, controversially: the Fed doesn't control interest rates...it has no way to regulate rates offshore or collateral yields in the secondary markets.
Also, the tariffs were obv going to be shut down. I'll say it a million times: Donboi and the entire alt-right were a huge op. By 2020, it was totally obv. With the Epstein files, near confirmed.