Category
🗞
NewsTranscript
00:00The risks Trump is running with this plan, which has indeed gotten countries to come
00:07to him and bend their knee, and Donald really likes that, he very much is into this kind
00:12of power, are several.
00:15One risk is the U.S. may no longer have the dollar as the world reserve currency.
00:21If that were to happen, it would be devastating and a one-time downward adjustment, but a
00:26very big adjustment to the United States economy.
00:29Secondly, countries that are unhappy about this could create their own free trade zone
00:35and exclude the United States from it, which would similarly be damaging to the U.S., especially
00:41its great and growing success in exporting services, which are not being tariffed at the
00:47moment, rather than goods.