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Trump advisers discuss sanctions for countries that move dedollarization

April, 26 2024

Donald Trump advisers are looking for ways to counteract the process of dedollarization in the world – the refusal of countries to use the dollar to reduce its influence.Among the measures discussed are fines for countries actively seeking ways to use other currencies in bilateral trade, export controls, as well as fees for currency manipulation and tariffs.The fight against the dominance of the dollar in the financial system intensified in 2022 after the United States imposed harsh economic san... Read More

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