Trump Threatens 100% Tariffs on Countries That Abandon the Dollar

Donald Trump has declared that the US will impose 100% tariffs on goods from countries that refuse to settle accounts in dollars in order to preserve the dollar as the world's reserve currency.

Sep 10, 2024 - 17:36
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Trump Threatens 100% Tariffs on Countries That Abandon the Dollar
Photo taken from public sources

Former US President and Republican candidate Donald Trump has threatened to impose 100% tariffs on goods from countries that refuse to use dollars for international payments. He made the statement at a rally on September 8 in front of his supporters, emphasizing the need to preserve the dollar as the world's reserve currency.

Trump said: "If you give up the dollar, you will not be able to do business with the United States because we will impose 100% tariffs on your products." This threat is addressed to those countries that are considering switching to other currencies for international payments, which, according to Trump, threatens the economic interests of the United States.

This statement increases tensions in the international trade sphere and underlines Trump's determination to fight for the economic dominance of the dollar on the world stage.

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