11.3 C
Ottawa
Tuesday, November 4, 2025

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.

Share post:

Subscribe

Popular

More like this
Related

US Manufacturing Sends Mixed Signals in October

A worker prepares to lift a steel beam with...

Starbucks Selling Control of China Business to Boyu Capital in $4 Billion Deal

The new joint venture aims to regain momentum amid...

Hegseth Says US-South Korea Alliance Will Stay Focused on Deterring North Korea

U.S. Secretary of War Pete Hegseth (L) shakes hands...

Australias Anti-Slavery Commissioner Says Trump Most Effective at Dealing With Forced Labour

President Donald Trump speaks in the Oval Office of...