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After tariff shock, Trump may weaponise finance against allies www.reuters.com U.S. wields power a


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After tariff shock, Trump may weaponise finance against allies
www.reuters.com
  • U.S. wields power as epicentre of financial world
  • Mar-a-Lago accord for dollar devaluation seen as unlikely
  • More aggressive tactics may involve dollar funding, payments
  • U.S. bankers fear European blowback
FRANKFURT, April 4 (Reuters) - With the ink still fresh on U.S. President Donald Trump's latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding.
As the epicentre of the financial world and the issuer of the global reserve currency, the United States has a number of levers that Trump can pull to coerce other countries, from credit cards to the very provision of dollars to foreign banks
 

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