Strong US Dollar Is Dangerous: De-Dollarization Accelerates Worldwide
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最新报道：A strong US dollar is harming global trade by making American exports less competitive, with companies reporting 15-20% revenue losses in foreign markets. Emerging markets face severe debt stress as dollar-denominated repayments become costlier, prompting countries like Turkey and Argentina to deplete foreign reserves. Essential dollar-priced commodities like oil and wheat are 20-30% more expensive for nations with weaker currencies, worsening inflation and budget deficits. This accelerates global de-dollarization, with BRICS nations exploring alternative currencies and central banks reducing dollar reserves. Financial markets destabilize as currency volatility spreads, challenging even stable economies.
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