By imposing sanctions on other countries, including Russia, American authorities are destroying the dollar’s status as a world currency. This was stated by US presidential candidate Donald Trump, he writes TASS.
According to the former head of the White House, he imposed sanctions during his presidency but “removed them very quickly” because they were destroying the dollar. Trump stressed the importance of preserving the dollar as a world currency. The Republican stressed that the loss of this status “is equivalent to a lost war”.
Trump has accused the current US administration of abusing restrictive measures.
“And other countries, including Russia, are doing their own thing and bragging about not needing us anymore,” Trump said at the Economic Club of New York.
In the New York Times in July wroteTrump and his future vice president, J.D. Vance, are reportedly intent on weakening the national U.S. currency after winning the election. According to media reports, the presidential candidate believes that the strength of the dollar makes it harder for American manufacturers to sell their products abroad to buyers using weaker currencies.
Previously reportedHe said Elon Musk would donate tens of millions of dollars a month to the Trump campaign.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.