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On Saturday, Trump went further, promising tariffs of 100 per cent on imports from countries that were moving away from using the dollar — a threat that could engulf many developing... Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform. Anna Rascouët-Paz. Published Sept. 19, 2024. Image courtesy of Getty Images. The tariffs former U.S. President Donald Trump put in place, maintained by President Joe Biden, filtered down to... Trump and his allies who endorse his trade policies argue that tariffs protect and bolster domestic markets, spurring homegrown producers to expand. They also see them as an economic weapon. Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform. Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform. Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform. McDaniel told CNN that Trump can likely apply tariffs he’s proposing unilaterally without approval from Congress following a report from the United States Trade Representative (USTR) under ... Trump says he’ll slap on 100% tariffs to deter them. “We will keep the US dollar as the world’s reserve currency, and it is currently under major siege,” Trump said at a rally Saturday in...

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