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Re:US Administration announces 34% tariffs on China – 20% on EU by omnee on Thursday April 03, 2025 @06:13AM (#43567424)
The Trump admin wants to devalue the dollar substantially, enact protectionism and maintain its reserve status. I can see them succeed with the latter two, but with these actions, the world has no choice but to move away from the USD as the reserve currency. It will take many years, but whatever replaces it certainly won't be to the US's advantage.

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