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
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
Author: DW News
Go to Source
News post in March 29, 2025, 6:05 am.
Visit Our Sponsor’s:
News Post In – News
