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