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Trump, dollar
Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
Trump threatens 100% tariff on Brics nations if they try to replace dollar
US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,
Trump pledged to bring down prices; tariffs may do opposite
Under a scenario with a broad 10% tariff and a 60% China tariff, the effect on households, even if there is no tariff retaliation, would be an additional $2,421 per household in 2023 dollars according to the Budget Lab at Yale University,
13h
on MSN
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of ...
5d
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to ...
1h
Let’s make a deal or else: Trump’s tariff threats as trade policy will have consequences
Trump has made clear he will use tariffs — many of which he can enact without Congress’ approval — to an unprecedented degree ...
4d
China criticises Trump tariff threat, says it won't solve America's problems
China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war ...
5d
on MSN
Trump’s sharp tariff hikes could speed up China’s shift to new markets and offshore factories
U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes ...
3d
With Tariff Threat, Trump Reminds China of His Ability to Shock
Hello, this is Colum Murphy in Beijing, where Donald Trump’s penchant for doing the surprising … well … surprised everyone ...
5d
China state media warn Trump against mutually destructive tariff war
BEIJING, Nov 27 (Reuters) - China's state media warned U.S. President-elect Donald Trump his pledge to slap additional ...
1d
Trump’s tariff threats negatively impact relationships with key U.S. allies
Donald Trump plans to increase tariffs on Mexico, Canada, and China. The incoming chair of the New Democrat Coalition, Rep.
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