Defending Dollar Supremacy May Be Next Phase of US–China Trade War

Date:

As the world’s reserve currency and primary medium for financial transactions, the U.S. dollar is the linchpin of the U.S.-led global order.

Defending Dollar Supremacy May Be Next Phase of US–China Trade War

(Illustration by The Epoch Times, Shutterstock,

|

Updated:

The U.S.–China trade war may be transitioning to a monetary standoff.

As U.S. President Donald Trump’s tariff policies kickstart a reshuffling of global supply chains and trade, Beijing is looking to another battleground: the Chinese yuan versus the U.S. dollar.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Hungary Changes Constitution Blocking Possible Return of Viktor Orban

Hungary's Prime Minister Viktor Orban addresses supporters at the...

Belarusian President Says Ukraine and Russia Must Both Compromise for Peace

Belarusian President Alexander Lukashenko attends the summit of the...

Chinese Authorities Raid Early Rain Covenant Church Service in Sichuan, Detain 33, Church Says

Chinese authorities raided a Sunday worship gathering of Early...

Missouri Sues Baby Monitor Maker Over Ties to Chinese Military

Missouri Attorney General Catherine Hanaway speaks to reporters at...