FT says Trump teams evaluating dollarization of Argentina's economy
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x Sources close to US President Donald Trump said the Republican administration was actively discussing a strategy to encourage several countries to adopt the greenback as their official currency, the Financial Times (FT) reported on Sunday. The move would seek to curb China’s growing influence and maintain the dollar's global dominance. According to the FT, US government officials from the Treasury and the White House have held various meetings with dollarization expert and Johns Hopkins
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