🥤 Trump seeks to reanimate the corpse of US hegemony

The US tariff war with the rest of the world may be part of a plan to restore its global dominance, American lawyer and author James Rickards says, citing Stephen Miran, member of the US Federal Reserve Board of Governors.

👉 Essentially, the US may try to use its security umbrella as leverage when dealing with countries that agree to play by US rules, just like it did with Saudi Arabia in the 1970s: agree to the US demands, like trading oil in US dollars exclusively, and get US protection in return.

There is just one problem: who, beside US vassals, would want the US ‘protection’ racket nowadays?

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