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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment

Re:US Administration announces 34% tariffs on China – 20% on EU by Ray20 on Thursday April 03, 2025 @06:39AM (#43567639)
>Not anymore with many nations not all that far behind.

Nothing has changed. The dollar simply has no alternatives. The EU? After the freezing of Russian assets? Uncompetitive. BRICS? Even worse, you have one dictator literally controlling all monetary policy. Gold and bitcoin are too volatile.

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Re:US Administration announces 34% tariffs on China – 20% on EU by codedokode on Thursday April 03, 2025 @07:24AM (#43568037)
What about Chinese Yuan? China seems like an economically strong country with reasonable trade policy. Also, BRICS has at least two dictators.
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Re:US Administration announces 34% tariffs on China – 20% on EU by Ray20 on Thursday April 03, 2025 @07:53AM (#43568307)
By BRICS I've mean China and the Yuan. And in China there is exactly one person, who is deciding how reasonable or unreasonable any policy will be tomorrow.
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Re:US Administration announces 34% tariffs on China – 20% on EU by codedokode on Thursday April 03, 2025 @08:18AM (#43568570)
Well, China's international policy seems to be more consistent than that of a certain democratic country.
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