The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
27
 
28
 
29
 
30
 

Trump Promises 100% Tariffs on Countries Ditching the Dollar at Wisconsin Rally

DATE POSTED:September 8, 2024

The post Trump Promises 100% Tariffs on Countries Ditching the Dollar at Wisconsin Rally appeared first on Coinpedia Fintech News

At a Wisconsin rally, Donald Trump vowed to impose 100% tariffs on countries that move away from the US dollar in trade. He emphasized that any nation abandoning the dollar would face severe economic penalties from the US, reinforcing his protectionist stance. This pledge follows months of discussions with his advisors on punishing nations engaging in non-dollar bilateral trade. Despite global efforts toward de-dollarization, Trump reaffirmed his commitment to maintaining the dollar’s dominance as the world’s reserve currency. Wisconsin is a key battleground in his race against Democratic rival Kamala Harris.