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Trump vows to defend US dollar hegemony, but is it under threat?

  • Donald Trump threatened to impose 100% tariffs on emerging markets continuing their de-dollarization campaign on Truth Social.
  • Kremlin spokesperson Dmitry Peskov stated this measure could strengthen the de-dollarization push.
  • The US dollar remains appealing globally, with 60% of central bank reserves and 90% of foreign-exchange transactions held in dollars.
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Bias Distribution

  • 56% of the sources lean Left
56% Left

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Impulsobaires broke the news in on Tuesday, December 3, 2024.
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