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President Trump’s trade war is a stark departure from traditional U.S. trade policy. His journey off the beaten path has ...
A new monetary combination is but one piece of a larger, politically difficult puzzle.
Trump wants to create a revised contract with the world. But his efforts to weaken the dollar run up against its unique ...
The Bretton Woods system established the U.S. dollar as the world’s currency in the post-World War II global economy. As Allied forces viewed that the war was coming to an end, representatives ...
In 1944, the Bretton Woods Agreement established the US dollar as the world’s reserve currency. Four decades later, the Plaza ...
The Bretton Woods Agreement helped to establish institutions such as the International Monetary Fund and the lender that became the World Bank. With the end of the war in sight, the U.S. and 43 ...
When French President Nicolas Sarkozy and British Prime Minister Gordon Brown called for a "new Bretton Woods" agreement in October 2008, they were recalling the success of the International Monetary ...
The resulting Bretton Woods agreement has shaped international ... day equivalent may be on the horizon — a “Mar-a-Lago accord” to revise those postwar global trade rules, crafted at the ...
But a new monetary accord is inevitable, much like Bretton Woods in 1944. Empires rise on the back of hard money and collapse under the weight of soft promises. Britain’s pound sterling lost its ...
President Trump’s imposition of high tariffs on friend and foe alike has stunned the world and stumped economists. There is ...