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How Trump_s economic team hopes to reset the international financial system | DW News
4 months ago
News
Entertainment Life
Trump
Economy
FinancialSystem
USPolitics
TradeWar
GlobalMarkets
EconomicPolicy
Inflation
InterestRates
#trump #usdollar #usdebtcrisis
Members of President Donald Trump's economic team are pushing for a total reorganization of the international financial system. The so-called "Mar-a-Lago accord" - named after the president's resort in Florida, aims to tilt the international economy in favor of the US. As part of the scheme, the White House would reclassify trading partners into friends and enemies, and deliberately devalue the US dollar.
00:00 How Trump advisers hope to coerce allies into a dollar devaluation and a US debt reset
03:11 Jessie Yin Assistant Director at the Atlantic Council's GeoEconomics Center talks DW through Trump’s competing goals
#trump #usdollar #usdebtcrisis
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