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Cracked dollar symbol with red fissures, symbolizing the threat to dollar dominance due to the Sanctioning Russia Act 2026 bill

The Sanctions Paradox: The White House Fears Loss of Dollar Dominance Due to the Sanctioning Russia Act 2026 Bill

Economy 07/19/2026, 00:15
The US is discussing risks to the dollar due to the Sanctioning Russia Act 2026 bill. The White House and Treasury Department fear that strict tariffs of up to 100% on energy resources will accelerate China and India's transition to alternative currencies. The dollar's share in global reserves has already dropped from 70% to 58%. 📉💸🇺🇸
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