TRUMP’S ECONOMIC THREAT WILL ONLY BACKFIRE, and drive countries further away from the American currency, stresses Kremlin Spox P
TRUMP’S ECONOMIC THREAT WILL ONLY BACKFIRE, and drive countries further away from the American currency, stresses Kremlin Spox Peskov (speaking above), with regard to president-elect Trump threatening BRICS nations with “100% tariffs if they move away from U.S. dollar“.
We’re not talking only about BRICS nations, more and more countries are beginning to switch to using national currencies in implementation of trade, economic and foreign economic activities
Process is gaining momentum around the world. If U.S. uses force to economically influence use of dollar, it will probably further strengthen these trends in transition to national currencies.
Dollar losing attractiveness as reserve currency for number of countries. This is erosion of its appeal - Peskov.
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