The US dollar remains strong in the short term, but faces challenges. The biggest threat comes from multi central bank digital currency platforms, not renminbi internationalisation.
What is covered in the Full Insight:
Introduction to Dollar Challenges
Current State of the US Dollar
China's Economic Strategies
Emergence of Digital Currencies
Geopolitical Implications
Boomeranged on Tue, 22 Apr 2025 18:03
These are the reasons why Trump cannot afford to prolong the trade war and needs quick wins. It is also the reason China is not in a hurry to re-negotiate.