How Trump’s financial staff hopes to reset the worldwide monetary system | DW News
Members of President Donald Trump’s economic team are pushing for a total reorganization of the international financial system. The so-called "Mar-a-Lago accord" – named after the president’s resort in Florida, aims to tilt the international economy in favor of the US. As part of the scheme, the White House would reclassify trading partners into friends and enemies, and deliberately devalue the US dollar.
00:00 How Trump advisers hope to coerce allies into a dollar devaluation and a US debt reset
03:11 Jessie Yin Assistant Director at the Atlantic Council’s GeoEconomics Center talks DW through Trump’s competing goals
#trump #usdollar #usdebtcrisis
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