Former US President Donald Trump’s economic advisers are discussing possible sanctions against countries that move away from the dollar, in order to reduce their dependence on the US currency, if the Republican returns to command of the White House. The information was reported by the North American television network Bloombergthis Thursday (04/25).
Among the measures to prevent countries from trading with an alternative currency, economists evaluate the imposition of fines, export controls, charges for exchange rate manipulation and tariffs.
According to Bloomberg“Trump wants the dollar to remain the world’s reserve currency.”
“I hate it when countries stop using the dollar,” he declared in an interview last March with CNBC the former president, also the subject of a criminal trial in New York for falsifying documents to cover up bribery from former porn actress Stormy Daniels.
According to Bloomberg, “Trump wants the dollar to remain the world’s reserve currency”
“I wouldn’t allow countries to stop using the dollar because when we lose that standard, it will be like losing a revolutionary war. This will be a blow to our country,” she added.
Thus, the Brics countries, which at their last summit in August agreed to focus on de-dollarization and establish economic ties in their national currencies, could become the target of sanctions from the pre-candidate for the White House for the November presidential elections. .
Initially made up of Brazil, Russia, India, China and South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have now joined the bloc. Despite the majority of the group supporting de-dollarization, the last two still peg their currencies to the North American one.
With RT in Spanish
The article is in Portuguese
