Trump Administration Officials Investigate Repercussions for Countries Moving Away from the US Dollar

Quick Summary:

President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S.dollar.

Proposed deterrents include export controls, currency manipulation charges, and tariffs.

Trump remains committed to preserving the U.S.dollar’s dominance as the global reserve currency.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: Japan

Topics: Dedollarization US Dollar Ditching us dollar Economics Dollar Hegemony USD Brics National currencies Local currencies Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-28 @ 23:13:28 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 20813786

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 18 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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