3min chapter

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Could the Chinese Yuan Ever Replace the US Dollar?

Big Take Asia

CHAPTER

Exploring Tariffs and the Future of Global Currency

This chapter explores the potential impact of proposed tariffs by a former president, focusing on a 10 percent tariff across all goods and a significant 60 percent tariff on Chinese imports. It also analyzes the evolving landscape of economic sanctions and the competition between the U.S. dollar and the Chinese Yuan in the context of reserve currency dynamics.

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