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A BIG statement from #donaldtrump
Donald Trump has proposed imposing a "100% tariff" on nations that move away from using the U.S. dollar in international trade. His message is clear: any country that abandons the dollar will face significant barriers in doing business with the United States.
Trump, known for his strong stance on protecting American interests, emphasized that the dollar has been under threat for nearly a decade. His plan aims to safeguard the U.S. economy from de-dollarization efforts by imposing harsh trade penalties on nations pursuing alternative currencies.
The former president's suggestion comes after discussions with his advisers, specifically targeting nations like China and India, which have explored alternatives to the dollar in recent years. Trumpâs proposed tariffs are intended to discourage such moves and maintain the dollar's global dominance.