Trump vows to defend US dollar hegemony, but is it under threat?
- President-Elect Donald Trump threatened retaliation against countries that challenge the US dollar, declaring "100 percent tariffs" on those creating a new BRICS Currency.
- Benn Steil, a senior fellow at the Council on Foreign Relations, warned that without the dollar, the global economy would become less efficient.
- Despite Trump's threats, Steil stated that coercion cannot force people to use the dollar since an international currency thrives on demand.
26 Articles
26 Articles
Trump Makes America First Move, Sends Warning to Countries Who "Move Away from the Dollar"
The winds of change are already sweeping across America. With President-elect Donald Trump poised to re-enter the White House in January, the nation is bracing... The post Trump Makes America First Move, Sends Warning to Countries Who “Move Away from the Dollar” appeared first on Patriot Journal.
Trump Focuses Tariff Weapon on Anti-Dollar BRICS - Liberty Nation News
By Andrew Moran President-elect Donald Trump took to Truth Social over the weekend and threatened to impose 100% tariffs on a group of emerging markets if they continued their de-dollarization campaign. The subject of BRICS, a nine-nation coalition headlined by Brazil, Russia, India, China, and South Africa, has become more prevalent under the current administration thanks to the […]
Trump vows to defend U.S. dollar hegemony, but is it under threat?
U.S. President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency.The Republican vowed the action on states that "create a new BRICS Currency" or otherwise "replace the mighty US dollar," according to a post on Truth Social on Monday.BRICS refers to a grouping that includes Brazil, Russia, India, China and South Africa, and has ex…


Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
Dragonian/Getty, Burazin/Getty, manfeiyang/Getty, MadVector/Getty, Jonathan Kitchen/Getty, Tyler Le/BIPresident-elect Donald Trump's latest tariff threat is 100% on goods from a group of nine countries known as BRICS.Trump's trade announcements seem to be a negotiation tool; this time, he's warning BRICS against competing with the US dollar.The US imported billions of dollars of goods from BRICS in 2023, including apparel and electronics.Preside…
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