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U.S.-China Trade Shift Threatens Dollar Dominance

6/20/2025

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Story summary
  • The U.S. and China are redefining global trade, shifting focus from multilateral agreements to direct negotiations. China's Belt and Road Initiative is lessening its dependence on U.S. exports, while the dollar's supremacy is under threat as nations seek alternatives. This evolving landscape hints at a multipolar monetary system, challenging America's economic dominance.