Trump's Platform and its Potential Impact on the Dollar's Global Reserve Currency Role
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#322c94f3 ver:0.22

President Biden's tariffs on Chinese imports could challenge the dollar's global reserve currency status, giving China more incentive to challenge it. If the dollar loses its status, the US government would lose its ability to 'weaponize the dollar' and the Federal Reserve may have to monetize debt, leading to an economic crisis. On the other hand, a potential trade war between the West and China could benefit the US dollar due to its closed economy and global importance. However, Trump's platform and policies may weaken the dollar's dominance as a global reserve currency. #Dollar #ReserveCurrency #TradeWar...

#newstr #China #TradeWar #Tariffs #ReserveCurrency #GlobalEconomy 

 https://here.news/story/322c94f3?ver=0.22