Trump's threat to punish countries that drop US dollar will speed up de-dollarization from Geopolitical Economy Report

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Trump's threat to punish countries that drop US dollar will speed up de-dollarization

29 minutes Posted Sep 14, 2024 at 4:54 am.

(Clip) Trump threatens countries that drop US dollar

De-dollarization

(Clip) Trump pledges tariffs on nations that de-dollarize

Dollar system is not a "public good"

BRICS

BRICS Bank (New Development Bank)

Brazil's Lula calls to drop US dollar

China & Brazil de-dollarize trade

China & Russia de-dollarize trade

Russia & Iran de-dollarize trade

Southeast Asia (ASEAN) de-dollarizes

(Clip) Trump: "I would not allow countries to go off the dollar"

Trump's plans to punish independent countries

Dollar system and US imperial decline

China is biggest trading partner of most countries

BRICS GDP (PPP) is bigger than G7

Largest economies on Earth (Rise of Global South)

US imperialism is in crisis

China's share of global trade

China de-dollarizes its trade

China buys oil & gas in yuan/renminbi

De-dollarization of trade vs savings (investment & reserves)

China dumps US Treasury securities

China's central bank buys gold

JP Morgan report on dedollarization

Multipolar financial world

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Donald Trump has threatened that, if he comes back as US president, he will impose 100% tariffs on countries that drop the dollar, trying to cut off their trade. Ben Norton discusses how this will accelerate the global dedollarization movement, incentivizing more nations to join China, Russia, and BRICS in seeking financial alternatives.

VIDEO: https://www.youtube.com/watch?v=4sYacRjSND4

Check out our related video "De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals": https://www.youtube.com/watch?v=z-bnIrbZjaM

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