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Trump Considers Penalties Against Countries That Want To Abandon Dollar

Advisers to Presidential Candidate Consider Introducing Export Controls, Fines, as well as Currency Manipulation and Tariff Charges

Apr 26, 2024 09:21 157

Trump Considers Penalties Against Countries That Want To Abandon Dollar  - 1

Advisors to Former US President Donald Trump, who is again fighting for the highest state post, are discussing ways to counteract the countries' refusal to use the US dollar in foreign trade, the ag reported. Bloomberg, citing its own sources.

Among the possible options, economic advisers are considering the introduction of export controls, fines, as well as currency manipulation fees and tariffs. According to agency sources, these measures will be directed against developing countries, including the BRICS countries, in order to “reduce currency risks”. USA.

Earlier, Russian Foreign Minister Sergey Lavrov said that the West is increasingly concerned about the work of the BRICS countries to develop their independent financial mechanisms . He pointed out that the West had become "shamelessly abusive" international mechanisms, using them to suppress competitors and punish dissenters.