Trump's Tariff Threats Spark Global Currency Tensions

1 min read
Source: Bloomberg
Trump's Tariff Threats Spark Global Currency Tensions
Photo: Bloomberg
TL;DR Summary

Donald Trump has signaled his intent to aggressively defend the US dollar's global dominance by warning emerging economies, particularly the BRICs group, against abandoning the dollar. He stated that countries that do so would face difficulties trading with the US.

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