As explained here and here, globalization with it transnational production sharing and cross-border investment has mitigated the impact of currency values on trade flows.
Looked at through the lens of cross-border trade between an American firm suffering devaluationist policies and a foreign importer buying American goods with a rising currency, ultimately the importer is going to have to sell goods back to Americans in order to continue importing.
Considering the trading markets for currencies themselves, the dollar figures in 90 percent of those transactions, nearly 70 percent of global central bank holdings are denominated in dollars, and with cross border trade in mind for individuals in countries with thinly traded currencies, the dollar is the go-between currency of choice 90 percent of the time.