Trump Threatens 100% Tax on Imports from Countries Ditching the Greenback Donald Trump, the Republican presidential nominee, has proposed a new economic policy aimed at maintaining the US dollar’s global dominance. At a rally in Wisconsin, Trump pledged to impose a 100% tariff on goods from countries that move away from using the US dollar in international trade. This proposal is part of his broader protectionist trade agenda and follows discussions with his economic advisers on ways to penalize nations seeking alternatives to the dollar. Trump argues that the dollar has been “under major siege” for years, despite it still accounting for 59% of official foreign exchange reserves in early 2024. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Growing Concern of Federal Debt in a Shifting Economy READ MORE Gold Prices Dip as Strong Retail Sales Data Reduces Likelihood of Fed Rate Cut READ MORE Why This Gold Bull Market Could Be Very Different READ MORE Fed Stress Tests Shock Banks with Unexpected Capital Requirement Hikes READ MORE Why the Anticipated 2023 Recession Never Came READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment