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I really hope he does this. It would force countries to choose between G7 and BRICS, and the latter is where pretty much all the manufacturing happens making it indispensable. This would play out exactly the same way as trying to shut Russia out of the global financial system did, but on a far bigger scale.

The mere fact that Trump is floating this idea is an indication of panic as well. If the US wasn't worried then there would be no need to use coercive measure to keep people from fleeing dollar based system. These kinds of mob tactics that will further convince countries that they need to move off the dollar as quickly as possible.

I salute comrade Trump for his contributions to the vital process of dismantling American hegemony.

Is this what being pandered to by a policitian feels like?

You think you are isolating various countries.

You are isolating the USA.

lol critical support for trump

Is trump the "harm reduction" candidate at that point lmao

Is this harm reduction?

Congratulations you just sanctioned yourself.

🙏🏿🙏🏿🙏🏿🙏🏿

So I have to do some imports from China every now and then. Deal with customs and such.

And I have to say the 25% tariff is on pretty much everything from China and it is insane. So if I get quoted 600 for shipping I guarantee half of that is customs.

Of course you can get an exemption if you're loaded I'm sure. But for the average person buying goods it is nuts.

Oh and the funny thing is most things are still way cheaper than their American counterpart with the tariff.

I'm sure that will get them to move back to the dollar.

Wasn't he also peddling internet funny money? What happens if some credulous asshole (or a nation ran by a credulous asshole) wants to use internet funny money instead of the dollar?

I assume this is an attempt to re-shore manufacturing, especially if as many of us expect, many countries choose to take the tarrif hit so that they can keep trading in their own currency between eachother.

It's a strategic bet, bring home some manufacturing while hurting those who defy the empire. It'll certainly reduce the availability of certain goods in the US as countries choose other markets. This likely would help to encourage some level of reshoring, or at least increase pressure from the ruling class to force more coups of other countries to force them back onto the dollar system.

Whether this will backfire or not will is something that is very hard to predict.

Would other higher-ups actually let him do something this foolish?

The art of the deal.