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US Explores Dollar Strategy to Counter China’s Yuan Push
US Explores Dollar Strategy to Counter China’s Yuan Push
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BTCCSquare news:
Senior TRUMP administration officials have held high-level meetings since August to strategize on bolstering the US dollar's global dominance. The discussions, involving Treasury, White House, and economic advisors, aim to counter China's accelerating de-dollarization efforts through yuan promotion in foreign commerce.
Steve Hanke, a Johns Hopkins economist consulted in the talks, noted Washington's growing unease over Beijing's currency diplomacy. While the WHITE House confirmed the deliberative nature of these meetings, no final policy decisions have been made.
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