In a seismic interview that sent shockwaves through the political and financial worlds, former US President Donald Trump declared he would take drastic action against any nation attempting to move away from the US dollar as its primary reserve currency.
The revelation came during an exclusive sit-down with Nigel Farage on GB News, filmed at Trump's Turnberry golf resort in Scotland. Trump's comments represent a direct threat to the growing 'de-dollarisation' movement led by BRICS nations like China and Russia.
A Stark Ultimatum to the World
"I would not allow countries to get away from the dollar because if they do, we would be bankrupt," Trump stated unequivocally. He outlined a hardline policy, vowing, "I would say, 'If you're going to do that, you're going to have to pay back whatever the difference may be from the time of the loan.'"
This stance positions the potential future president as a staunch defender of the current global financial order established by the 1944 Bretton Woods agreement, which cemented the dollar's dominance.
Praise for Sunak and Scorn for Biden
The interview wasn't solely focused on economics. Trump offered a glowing assessment of UK Prime Minister Rishi Sunak, particularly regarding his stance on immigration. "He's not a liberal. He's a conservative," Trump remarked, highlighting their shared views on stopping illegal migration.
In a stark contrast, he launched a scathing attack on the current US leadership, labelling President Joe Biden as "the worst president in the history of our country" and criticising his handling of numerous domestic and international issues.
A Media Blitz and a Tribute
The GB News interview was a central part of a wider UK media tour for Trump, which also included a pre-recorded segment with the BBC's Sunday with Laura Kuenssberg. His visit was not without its sombre moments, however.
Trump took time to pay a heartfelt tribute to the late BBC radio presenter Steve Wright, praising his "greatness" and the positive interview he had conducted with him years prior, showcasing a more personal side to the former leader.
The Global Financial Stakes
Trump's comments underscore the high-stakes battle over global financial hegemony. His pledge to aggressively defend the dollar's status quo signals a potential major shift in US foreign and economic policy should he win the upcoming November election, putting nations exploring alternative currencies on immediate notice.
