Trump is threatening the world said that countries that leave the US dollar will pay 100% tariffs. In response many countries are saying, well we don’t have to do business with America 🇺🇸 they are not the only big players. So screw America we can go elsewhere and do business without using the US dollars to buy goods we can use our own currency to buy goods from other players. Many countries now are getting scared of the US dollar now because of what Trump said and moving forward Russia and China and Brazil, India. This is not good for the America dollar and America industry’s will suffer and high cost for food, clothes for the Americans people will be high.
Hello Jacqueline,
Yes we all will be affected look what happens to Spain, put up high tariffs on China electric cars. China was going to build three factory’s in Spain to help their economy jobs for th young people. So China stop and now refuse to build the factory’s and stop buying wine from Spain farmers. Now look what is happening to Spain they got themselves in big problems because of America trade war. The same thing is now happening to Germany find themselves in big problems because of America trade war with high tariffs. Because of this many countries don’t want to be business with America and now turning to do business with China and Russia and Brazil and other countries and no longer want to usa the US dollar.