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Trump advisers discuss penalties for nations that move away from dollar
By Saleha Mohsin, Jennifer Jacobs, and Nancy Cook
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 25, 2024
Former President Donald Trump's economic advisers are considering ways to stop nations from shifting away from using the dollar -- an effort to counter budding moves among key emerging markets to reduce exposure to the U.S. currency, according to people familiar with the matter.
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Discussions include penalties for allies or adversaries who seek ways to engage in bilateral trade in currencies other than the dollar -- with options including export controls, currency manipulation charges, and tariffs, the people said, speaking on the condition of anonymity. ...
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