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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 _fizz_buzz_ on Thursday April 03, 2025 @07:35AM (#43568139)
The Euro is already a reserve currency and makes up about 20% of worldwide reserves. Which is of course not as much as the dollar which is about 60%, but these numbers could of course shift.
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Re:US Administration announces 34% tariffs on China – 20% on EU by matt-p on Thursday April 03, 2025 @08:27AM (#43568640)
So is the Yen, Pound and swiss Franc - many currencies are. What's your point?

Pound is about 5% if I remember correctly, which is a higher weighting than the Euro for trade:reserve holding ratio.

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