Preventing De-Dollarization Is Trump’s Aim Both In Venezuela And The World At Large – Analysis
But it will be an uphill task because de-dollarization is progressing globally
US President Donald Trump had several of objectives in invading Venezuela and taking its President Nicolas Maduro and his wife hostage. One of the key aims was to prevent the de-dollarisation of Venezuela's foreign trade and to warn other countries against abandoning the US Dollar in favour of other currencies, especially the Chinese Yuan.
In 2018, Venezuela had announced that it would "free itself from the dollar" and started accepting Yuan...