This article was originally published on WLT Report. You can read the original article HERE
On Saturday, President Donald Trump took the stage in Wisconsin with a new policy.
And this is one even the Democrats should get behind.
It deals with slapping a 100 percent tariff on any country that abandons the US dollar.
Turns out years of Biden and the Democrat leadership have weakened the dollar.
This led to other countries trading in other currencies.
But Trump’s message was clear. ‘The tables are turning. Ditch the dollar, and it’ll cost you big time.’
President Trump Vows to Place 100% Tariff on Countries Not Doing Business on the US Dollar — To Protect US Dollar Dominance https://t.co/uCZ1syOr94
— The Gateway Pundit (@gatewaypundit) September 9, 2024
This is awesome, I was just going to post about the US Dollar and BRICS. The US dollar will REMAIN world currency. pic.twitter.com/x2cxQjGC06
— Trump Girl (@TrumpGirlLove) September 7, 2024
The Gateway Pundit reports:
On Saturday, President Trump told supporters in Wisconsin that he will impose a 100 percent tariff on goods from countries that abandon dollar-based trades.
This follows years of Joe Biden and Democrats weakening the US dollar on the international stage.
This comes after years of foreign powers led by China’s Xi Jinping organizing economic trade policy with emerging markets in currencies other than the US dollar.
The South China Morning Post reported:
Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.
“You leave the dollar and you’re not doing business with the United States because we are going to put a 100 per cent tariff on your goods,” the Republican presidential nominee said at a rally in the battleground state of Wisconsin.
The statement follows months of discussions between Trump and his economic advisers on ways to penalise allies or adversaries who seek active ways to engage in bilateral trade in currencies other than the dollar.
Options have included export controls, currency manipulation charges and tariffs, people familiar with the matter have previously told Bloomberg News.
President Trump made similar comments at the Economic Club of New York last Thursday. The former president made a clear comparison on his plans compared to Kamala and Joe Biden, who have threatened US dollar dominance in their four years in office.
In March 2023, South Africa’s Foreign Minister Naledi Pandor announced that Saudia Arabia, United Arab Emirates, Egypt, Algeria, Argentina, Mexico, Nigeria, and other nations wanted to join the BRICS Alliance. This was a direct threat to the dominance of the West and the US dollar.
Trump Vows to Place Tariffs on any Country that does not honor the US Dollar as the world currency and he will also lift sanctions on countries such as Russia in order to ensure the US does not lose our Dollar standard…
Trump also says he we have prevented and won wars… pic.twitter.com/UNPzZ5LUNC
— Project Constitution (@DeleteLawzClips) September 7, 2024
South Africa's Foreign Minister Naledi Pandor says Saudia Arabia, United Arab Emirates, Egypt, Algeria, Argentina, Mexico, Nigeria, and other nations want to join BRICS.
Since the start of the US proxy war in Ukraine, BRICS nations have refused to https://t.co/p79OrHGWib… pic.twitter.com/j6LFKOtUjr
— KanekoaTheGreat (@KanekoaTheGreat) March 28, 2023
This article was originally published by WLT Report. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!
Comments