Donald Trump’s bruising return to the White House has sent many longtime foreign allies scrambling to get their distance, and according to a new piece from The Atlantic, that distance will last long after Trump is gone.
Trump’s second term as president has been marked by notable and widespread disrespect toward nations once seen as close U.S. allies. Between his attempts to level massive tariffs against nearly every nation in the world and his frequent breaches of diplomatic norms, Trump has created a hostile global environment in which allies no longer feel safe trusting in the stability of the U.S.
In a new piece for The Atlantic on Tuesday, staff writer Vivian Salama argued that this new dynamic, in which the nations of the world are working to establish a safe distance from the U.S., is bound to become the new normal for years to come, even after Trump leaves office and is potentially replaced by a more traditional, dependable administration.
The US dollars dominance is largely tied to deals made with places like saudi arabia, which basically make oil trades settle in USD, as far as I’ve heard at least.
I’m surprised Trump hasn’t forced the Trump Cryptocoin to replace it for international settlements. Maybe that’s a year three fiasco that they’ve got waiting on the sidelines. The US’s push for approved ‘stablecoins’ to enter markets is basically along the same lines, pushing for a thinly veiled “independent” virtual currency to become the default, while still maintaining control over it in the USA.