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Dollar Rises
Trump Weaponizing Dollar Seen as Needless BRICS Provocation
Donald Trump’s fresh pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say.
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.
Dollar Rises After Trump Warns of Tariffs Against BRICS
The dollar was rising after U.S. President-elect Donald Trump threatened to impose 100% tariffs against so-called BRICS countries if they create a new currency to rival the dollar. This alliance includes Brazil,
3m
Dollar set up for a bullish run in early 2025 amid greater volatility: TD
Disrupted supply chains caused by geopolitical risks, distorted inflation reads, and greater volatility are among the factors that set the dollar up for a bullish run early next year, according to TD ...
1h
on MSN
Dollar rises amid Trump’s tariff threats, Euro weakens on France’s political turmoil - Currency Recap
The U.S. dollar rose on Monday as President-elect Donald Trump advocated for a strong dollar, threatening 100% tariffs on ...
4h
Gold drops 1% after four sessions of gains as dollar strengthens
Gold prices snapped a four-session rally to fall on Monday, pressured by a firmer U.S. dollar and profit-taking, while ...
2h
Will Trump’s Dollar Diplomacy Roil Global Trade?
The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
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