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US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) - Foreign Affairs (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsUS Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) (28505 Views)

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Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg:
blacksam01:
The US alone buys 40% of what the entire world produces....the wage rate is very high and her people have a spending lifestyle...so if they don't buy your goods...u won't sell..china is only a world factory,they don't buy shit significantly from anyone... now u know why the US Is so so important..?
Common sense should tell you that the US is even more vulnerable if it is just a purchasing economy and not a production economy.

What happens when those countries the US buys from demand that the US buy it with their own local currency?? Just like Russia forced the EU to buy Russian gas in Rubles. The seller make the rules, not the buyer.

What happens then?

Americans would suffer greatly if the world abandons the US dollars.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by FatimaAbubakar(f): 7:30am On Nov 03, 2024
ehikwe22:
The US will only successfully turn herself to a Pariah states. They'll do it by themselves. And then dollar will turn valueless. And US will fall like a pack of card.

Printing of dollars made the US extremely rich - something they or nobody merited. But it got into their heads, they stopped working. Turned the dollars into a weapon. Became lazy and uncreative.
Overnight gbegiri analyst.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Successlane: 7:32am On Nov 03, 2024
My friend by Force !!!!!!

Oh Trump
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Cruzmaster: 7:33am On Nov 03, 2024
unclejb2:
Trump actually has the interest of America first at heart before any other thing. Love him or him, he is too blunt to give a fvck
As if the world give a Bleep!
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Cruzmaster: 7:33am On Nov 03, 2024
unclejb2:
Trump actually has the interest of America first at heart before any other thing. Love him or him, he is too blunt to give a fvck
As if the world give a fvck!
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by hammed71(m): 7:39am On Nov 03, 2024
casualobserver:
The downfall of the USA has started. All the things that made it great are starting to unravel.

It doesn’t happen overnight but it has started. The dollar will soon be a worthless currency.

Heads they lose, tails they lose. Vote democrats the dollar bubble increases, vote Trump, he imposes tarrifs, the world decouples, world trade suffers, the U.S. economy suffers.

It’s a no win situation for the US.
so it's a lose lose situation for the American voters lol.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Elidrisy20: 7:48am On Nov 03, 2024
Na by force to use dollar?
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by casualobserver:
hammed71:
so it's a lose lose situation for the American voters lol.
It is not unsimilar to what is happening to Nigeria. We kicked the can of reforms and subsidy removal down the road for decades. Whoever won in 2023, pain for Nigeria was inevitable. It was a choice between the pain of Venezuela or the pain of reforms. Whoever wins, Americas decline is inevitable and already in motion….sell your dollars.


If you look at US bonds, rates are going up despite the federal reserve cutting rates. Normally it should go down ass they cut rates. That’s because demand for US debt is waning so the coupon (interest rate) has to rise to attract buyers. The way rates rise on bonds is for the price of US bonds to fall. If people are selling your bonds it’s a sign of diminished confidence in the bond. A sign all is not well.

Below is the US 10yr yield. Since they cut rates in September and falling in anticipation, yields are now higher than before the cut.

To give an idea of the problem with the US, their federal budget is approx, $6T and income $4T. Their deficit is about $2T and growing every year. Their total debt is about $34T. A third of their spending is financed via printing money. If investors stop buying or pull back on US debt, if becomes more expensive to service debt or/ and they have to cut back on spending. In an economy that has a meager GDP growth any cut back on spending is devastating.

Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Greenfusion: 7:53am On Nov 03, 2024
fortunez1:
America has the greatest minds out there because of there closeness to Israel so dethroning them now is just a folktale. America will ever remain untop and better , soon China trade and bet road will fail.
I support Brics formation but will never dump West for Brics countries may be because of there authoritarian system governance, I prefer democratic settings.
Putin wiped all opposition's against him before our very eyes .
North Korea did same
We saw on set how Xi securities dragged an ex Chinese President out of a very important political conference.
Iran equals worst amongst them
And so goes to almost 80% nation's involved in BRICS formation and if they become successful these political leaders will never hand over power to no body again and the world will go back to Authoritarian System of govt. Where one man decision is the highest authority and law.
Wow, really nice info that i never gave a thought to.... 👍
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Arrowhead71: 7:55am On Nov 03, 2024
MrAmbrose:
He's a joker. Nonsense!
but Putin the ring leader is still denominating in dollars to pay North Korean hired soldiers, pls let ask ourselves if you have free options to chose between moving to US or Russia , will Russia be your sincere choice , see how different countries are protesting in America against America policies , can you foreigners go on the street and protest against Russia or Iran or North Korea in the same countries, what their own very citizens can’t do without serious consequences , all of you will love to relocate to America yet you keep hatred for her. try relocate to ordinary South Africa you will realize in one year that Nigeria is home better , all these so called powerful countries why are they always looking for fight, why can t each one just mind their business and develop their people instead of all these unnecessary ego and power flexing
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 7:55am On Nov 03, 2024
Well he said America first.

So nobody should castigate him for putting America first.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 7:56am On Nov 03, 2024
WriterNig:
The US will end up sanctioning itself into a corner, into isolation.

Even their best buddies the EU had to create their own currency (€) to safeguard against the dollars. What makes them think the rest of the world won't?
Safeguard itself? How? Did they stop doing business in dollars?
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by IDERAWOLE(m): 8:00am On Nov 03, 2024
WriterNig:
https://www.aljazeera.com/wp-content/uploads/2024/06/2024-05-30T150311Z_28390061_RC2118A4ZTAR_RTRMADP_3_USA-TRUMP-NEW-YORK-1717331851.jpg

🇺🇸 Donald Trump pledged on Saturday to punish and make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.

“You leave the dollar and you’re not doing business with the United States because we are going to put a 100% tariff on your goods,” the Republican presidential nominee said at a rally in the battleground state of Wisconsin.

The statement follows months of discussions between Trump and his economic advisers on ways to penalize allies or adversaries who seek active ways to engage in bilateral trade in currencies other than the dollar.

Options have included export controls, currency manipulation charges and tariffs, people familiar with the matter have previously told Bloomberg News.

Trump, who has long embraced protectionist trade policies, said the dollar has been “under major siege” for eight years. China, India, Brazil, Russia and South Africa discussed de-dollarization at a summit last year. By contrast, Trump wants the dollar to remain the world’s reserve currency, a pledge he renewed at Saturday’s rally.

Trump is an illiterate.

He didn't know that the world has moved.

Ignorant petty old man.

He's still thinking that you must trade with the USA to survive as a nation in 2024!

The difference between USA economy is less than $10trillion from a difference of $15trillion about 10yrs ago.

China has caught up.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Denko2721987(m):
American has now become the laughing stock of the world having lost so much credibility under Bidemi and Scamala.. The same Scamala who's now telling people who can't think and have an independent thought without the deceptive lies from the mainstream media that she would turn things around when she becomes president forgetting that she's currently part of the Biden administration.. But Trump is the most dangerous treat to America who wants to turn it into a fascist state. The same Trump who was president for 4 years and didn't persecute anyone not even his political adversaries like the Clintons who have so much crimes and dirt in their hands. But the same people who persecuted him for 4 years including 2 attempted assassination are the Saints who want the best for America while Trump is the fascist. Keep being psy-oped by the sick mainstream media.


https://www.youtube.com/watch?v=Fmsa2jyNqmg?si=sUu8SSkzXgoXs-w7


https://www.youtube.com/watch?v=nO1f0UiSAkA?si=CWKi1mJgne5hd6Bg
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 8:06am On Nov 03, 2024
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by rottennaija(m): 8:07am On Nov 03, 2024
Sheuns:
He’s only protecting his country’s interests. That’s what people patriotic and loyal to their nation do.
That's why others will protect their interest by dumping the dollars to prevent theft and sanctions. After all, what does the US produce?
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 8:11am On Nov 03, 2024
Some of you are just zombies and can't reason on your own, Trump already said it.

America is his priorities, if you hate him for putting America first then you have a problem because you're used to your country government putting you last or don't give a hoot about you.

All this countries benefit from America you can watch this to understand better.

https://www.youtube.com/watch?v=HY7xwfsPxcY?si=EtG8roTgVFWV14bw
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 8:12am On Nov 03, 2024
rottennaija:
That's why others will protect their interest by dumping the dollars to prevent theft and sanctions. After all, what does the US produce?
When the produce where do they want to sell to?

China biggest market is US, they all benefit from America so what's your point?
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by DaddyCoool(f): 8:16am On Nov 03, 2024
ehikwe22:
Printing of dollars made the US extremely rich - something they or nobody merited. But it got into their heads, they stopped working. Turned the dollars into a weapon. Became lazy and uncreative.
A very CAPITALIST country like US can never be lazy and uncreative. See below
Mention creative things on this internet we're using right now that are not from US

Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Afrojuju2017(m): 8:22am On Nov 03, 2024
Sheuns:
He’s only protecting his country’s interests. That’s what people patriotic and loyal to their nation do.
Trump patriotic, you do realise that global economics and diplomacy doesn't work with the gaslighting Trump does, the world has moved on past that all his sanctions against China failed woefully the last time, China now dominate more of the mechanised agricultural sector than it did before Trump, just for what soy bean which they were going to buy from US anyway.

Trump is good at something playing up his abilities, China Russia Saudi and the likes want nothing more than a Trump victory because then they can really ramp up their operations.

Within 1 year of a Trump presidency China would invade Taiwan.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by ps3o(m): 8:23am On Nov 03, 2024
Of a truth, when you go on air to voice something like this...just know that it's another governance in oppression that is loading
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by cococandy(f): 8:26am On Nov 03, 2024
They never know what they are talking about. Bunch of ignoramuses

EnlightenedUFO:
Here you are, the number one proponent of putin BRICS trying to feel like you care for the dollar.

You are among the right wing people on this board that have repeatedly trashed the US dollar and hopes that China and BRICS reduce the power of the dollar and replace it with another currency.


You guys are tying yourself in pretzels, because the felon economic plan is a disaster.

TARIFFS NEVER MADE ANY MODERN COUNTRY GREAT!

Tariffs only helped America to grown in the olden days of the 1800's and you know why.

But in this high-powered age we live in; you think tariffs is the only strategy for economic growth? Tariffs, that the cost is being slapped down on Americans? Only an ignoramus buffoon will think tariffs will change his life.


And you couldn't find a more flattering image than the one of his court room appearances? The new york case where he got tagged a convicted felon? You should try harder bro, stop being lazy.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by W0rdOfYahuah: 8:27am On Nov 03, 2024
WriterNig:
The US will end up sanctioning itself into a corner, into isolation.

Even their best buddies the EU had to create their own currency (€) to safeguard against the dollars. What makes them think the rest of the world won't?
That's their plan all along my bro. You see, once the US dollar fails every other world currency will soon follow, giving rise to the use of cryptocurrency. It is a conspiracy

Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by cococandy(f): 8:28am On Nov 03, 2024
udemzyudex:
Some of you are just zombies and can't reason on your own, Trump already said it.

America is his priorities, if you hate him for putting America first then you have a problem because you're used to your country government putting you last or don't give a hoot about you.
The tariffs will make things exponentially more expensive for Americans. How is that for putting Americans first?
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by ehikwe22: 8:29am On Nov 03, 2024
DaddyCoool:
A very CAPITALIST country like US can never be lazy. See below
So sad that lame screenshot is what you got from my comment. America as a country became lazy and stopped working. They were once upon a time the most creative country. Leading in scientific research and innovations but after they allowed the zionists overrun their government with all that lobbying and sht, they lost control of their own government. Now all they're interested in is how to project power, print dollars to fund wars for their military complex, take billions from jewish lobbyists and install leaders that put jewish interest above American interest, inflate their budgets especially the military budget by more than 100x and line up the pockets of a few people and get themselves into unimaginable numbers in debt

No great scientific breakthrough. Other countries are making progress while they're moving backwards scientifically. Other countries are creating infrastructure while American infrastructure keeps decaying. American strength now lies on only one thing - the petrodollars. This keeps them on a very vulnerable position.

I can go on and on
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by W0rdOfYahuah: 8:29am On Nov 03, 2024
madridguy:
The threat is no longer working. Biden threw away every of his joker cards so quickly due to his foolishness.
It appears that way but deep down it is a ploy to collapse the US dollar so as to give rise to the use of cryptocurrency
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by igbosarejews(m): 8:31am On Nov 03, 2024
NetbizBoss:
US want everyone to keep using the dollar so that they can keep printing the dollar as they want. The secret Putin knows and want to end
You mean Putin the Joker. Rubble is virtually turning to Naira, that's why the Mugu is looking for Brics currency
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Sammybliss: 8:31am On Nov 03, 2024
U sanction Russia yet they ate still growing......apart from military equipment tell me what is produce in USA u can get elsewhere.......
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Sammybliss: 8:33am On Nov 03, 2024
Allow people to trade in their local currency u said no.....they must trade in your currency...self center......meanwhile Russia/China use local currency called currency swap not dollars.....that is the ideal of BRICS
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by DaddyCoool(f): 8:36am On Nov 03, 2024
WrriterNg:
Common sense should tell you that the US is even more vulnerable if it is just a purchasing economy and not a production economy.

What happens when those countries the US buys from demand that the US buy it with their own local currency?? Just like Russia forced the EU to but Russian gas in Rubles. The seller make the rules, not the buyer.

What happens then?
Americans would suffer greatly if the world abandons the US dollars.
This is dumb. "The customer is always right". "The customer is the boss, not the seller"
Why do you think China never dares ask US to pay back the massive debt they owe China but always disturbing African countries?
Trump is playing politics. This threat is TOTALLY unnecessary. The world CAN'T abandon dollar for a very long time - same way it is hard to abandon Twitter even if you hate Elon Musk
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 8:40am On Nov 03, 2024
cococandy:
The tariffs will make things exponentially more expensive for Americans. How is that for putting Americans first?
Pls explain how it will make things more expensive.
Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Jovi10: 8:42am On Nov 03, 2024
Sheuns:
He’s only protecting his country’s interests. That’s what people patriotic and loyal to their nation do.
What of other countries interest?
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