Former President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.
See Also
Pros and Cons of BRICS ETFsBRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist saysConverter | Price CalculatorHow To Invest In BRICS CurrencyDiscussions include penalties for allies or adversaries who seek active 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.
