When the US Dollar peaked and started dropping. The lower dollar automatically pushes the other countries higher. This is good for the US manufacturing and bad for the export countries that were doing good. China is somewhat exempt because their Yuan is always stuck in the 7 to $1 area. But global long distance shipping is ending because Covid exposed the stupidity of globalization.
Ask yourself. Who actually controls the value of the US Dollar? The local US Treasury? The UN? The BIS? The world bank? The world trade organization? Combined with Goldman Sachs flunky playing the futures market with unlimited leverage power?