Understanding the Global Reset, What's Really Going On Now

Are you finding the constant talk about a “reset” unclear or overwhelming? I was too. That’s why I assembled my team to dig into the facts—and here’s what we found, along with my perspective at the end. 

The term “Global Reset” has been used in different contexts over recent years, from post-pandemic economic reform to speculative financial overhauls. Two of the most common interpretations are the 'Great Reset' promoted by the World Economic Forum (WEF) and the concept of a Global Currency Reset (GCR). Here’s what they mean, why they matter, and how our current governement administration engages with ideas that resemble certain aspects of these resets.

1. The Great Reset (World Economic Forum)

Launched by the World Economic Forum in mid‑2020, the Great Reset is a proposal to rebuild the global economy after COVID‑19. It focuses on creating a more sustainable, equitable, and resilient form of capitalism. The initiative is built on three core pillars:

• Shifting toward a stakeholder economy, where businesses serve all of society rather than just shareholders. • Building systems that are resilient, equitable, and sustainable, guided by Environmental, Social, and Governance (ESG) principles. • Harnessing innovations from the Fourth Industrial Revolution—such as AI, digital technologies, and biotech—for public good.

While some have praised the Great Reset as a necessary transformation, others—particularly on the political right—have criticized it as a potential vehicle for excessive elite influence over policy and personal freedoms.

2. Global Currency Reset

The Global Currency Reset is a speculative concept that envisions a large-scale restructuring of the international monetary system. This could involve revaluing currencies, changing the role of dominant currencies like the U.S. dollar, and realigning economic relationships. Proponents suggest it could correct imbalances in the global economy, while critics warn it could trigger instability.

Historical examples of major monetary resets include the Bretton Woods Agreement after World War II and the U.S. ending the gold standard in 1971. Although widely discussed in certain financial circles, there is currently no coordinated global effort underway to implement a GCR.

While the WEF’s Great Reset and the speculative Global Currency Reset are distinct concepts, elements of both—particularly reshaping economic systems—echo some of Donald Trump's economic strategies.

3. Current 'Reset' Initiatives

In 2025, this administration has pursued several economic and trade strategies that he has described as a form of 'reset' on the global stage. While these are not formally tied to the WEF’s Great Reset or a GCR, they share the theme of restructuring global economic relationships.

The Mar‑a‑Lago Accord

This is a proposal being discussed within the administration’s team to restructure global trade and monetary relationships. It draws inspiration from historic agreements like the Plaza Accord of 1985 and Bretton Woods, potentially involving adjustments to currency values, tariffs, and trade terms to benefit U.S. industry and reduce the trade deficit. As of now, it remains in the proposal stage.

‘Total Reset’ with China

This administration has recently described ongoing U.S.–China tariff negotiations as a 'total reset' of their economic relationship. Talks in Geneva in May 2025 reportedly made 'great progress,' with both sides working toward a more open and mutually beneficial trade environment, though no final agreement has been reached yet.

Global Trade Reset

Beyond China, the administration is engaged in a wider reconfiguration of trade deals and tariffs with major partners such as Japan, the European Union, and South Korea. This includes implementing higher tariffs on certain imports—like a 35% tariff on some Canadian goods—while seeking new or updated trade agreements to align with his 'America First' economic vision.

Conclusion

The term 'Global Reset' can mean many things, from ambitious visions of restructured capitalism to speculative currency revaluations. The current initiatives show that, in practice, political leaders may adapt parts of these ideas into their own policy agendas—focusing on strategic trade deals, currency discussions, and economic reforms that fit their national priorities. Whether these efforts will amount to a genuine global reset remains to be seen, but they are already reshaping international economic discussions in 2025.

The key takeaway is this: don’t rely solely on social media chatter or doomsday predictions. Continue doing your own research from credible sources. If the Mar-a-Lago Accord, the China Reset, and the broader Global Trade Resets move forward, they could significantly benefit America’s businesses and economy.