The Impact of the U.S.-China Trade War on the Dollar's Strength
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#19fdf91f ver:0.46
The US dollar's dominance as the world's primary reserve currency remains secure, according to a study by the Atlantic Council's GeoEconomics Center. Efforts by the euro and BRICS countries to reduce reliance on the USD have been unsuccessful. However, there are signs of a gradual shift away from the dollar in global transactions, with central banks diversifying their reserves. Experts suggest that strengthening the US economy and addressing income inequality are crucial to maintain the dollar's position. In a potential trade war, the US dollar is expected to be the only winner, with other currencies, including the euro, being more vulnerable. #USD #currency #trade #economy...
#newstr #UschinaTradeWar #UsDollar #GlobalTrade #Tariffs #EconomicGrowth #Protectionism #Currency #Eurozone #Gdp #TradePolicy
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