Trump warns American dollar loses its power. Yet, he is tight-lipped about how difficult the protection of dollar will be.
Trump did not tell his supporters that the measure to protect the dollar would be painful for American households, with many consumer goods likely to double in price. Around 70% of products sold at Walmart and Target are sourced from China, the nation at the forefront of de-dollarization.
Trump made his announcement on the eve of the highly anticipated annual BRICS summit, scheduled for October 22-24 in Kazan, Russia. Crucially, the meeting may announce a roadmap for developing an alternative to the current dollar-centric global financial system.

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