Summary
Following fresh tariffs, Trump may escalate pressure on allies by leveraging America’s financial dominance.
Options include restricting dollar access via Fed swap lines or pressuring payment giants like Visa and Mastercard, risking disruptions in Europe.
Trump’s advisers suggest a “Mar-a-Lago accord” to force currency revaluations, echoing the 1985 Plaza Accord, though economists doubt its feasibility.
Such moves could strain global markets, weaken trust in the dollar, and provoke retaliation. European leaders are considering countermeasures, fearing economic coercion and financial instability.
So… Tariffs aren’t considered weaponizing finances?
Thank you Donald for fast tracking the world’s disengagement from US financial control
It’s funny how everything Donald Trump does is exactly what Putin would want him to do.
Oh, man, I fear not, I really wish he screw us so hard that we become independent from USA through struggle… I just cross fingers that our representatives embrace the opportunity for real
We just call it bullying.