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

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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,

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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.

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