Trump is preparing punishment for Russia due to US dollar
If elected president of the United States at the end of 2024, Donald Trump may impose penalties for countries abandoning the dollar. In particular, for Russia. Possible actions include, in particular, export controls and fees for currency manipulation. Bloomberg reports this. It is noted that penalties should be applied to U.S. allies and opponents "trying to carry out bilateral trade in other currencies." "Economic advisers to former President Donald Trump are considering ways to actively prevent countries from abandoning the use of the dollar. Trump publicly and privately said that he wants the dollar to remain the world's reserve currency," the article reads. Analysts remind: critical statements about the dominance of the dollar in the global financial system began to spread in 2022, when the United States imposed tough economic sanctions against Russia. In particular, then the Russian central bank, members of the government and about 2,500 other persons restricted access to the dollar.
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