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The phenomenon of de-dollarization is as real as it gets. The event is not merely restricted to just textbooks now; it has evolved into a narrative that is gaining immense traction in today’s world and age. De-dollarization in today’s global regime can be summarized into a series of brief events. For example, nations ditching the US dollar for trade, a hunt for alternative currencies, and the rise of alternative assets such as gold. These developments spell trouble for the dollar in bold headlines, fanning the flames of de-dollarization to new levels. That being said, this narrative is especially lethal to three financial domains. Let’s check how the event can harm these sectors in the future to safeguard one’s invested stake in the domains. Also Read: Strong US Dollar Is Dangerous: De-Dollarization Accelerates Worldwide Three Sectors Exposed to De-Dollarization The Most 1. Energy Trade Source: Mining.com Global nations have long used the US dollar in conducting ...

In the bloc’s first answer to US President Trump’s Liberation Day plan, the European Union (EU) is set to impose up to 25% tariffs on US goods. Indeed, the EU is set to issue its first retaliatory import duty as low as 10%, targeting a host of industries. The approved plan emerges as a host of nations are formulating their responses to Trump’s baseline 10% tariff placed on all nations last week. A nearly unprecedented move, the administration has said it is seeking to balance trade through the economic policy. Now, nations are seeking to renegotiate trade deals or answer his increased tax in kind. JUST IN: European Union to impose between 10% and 25% tariffs on US goods. — Watcher.Guru (@WatcherGuru) April 9, 2025 Also Read: China Announces Additional 84% Tariff on US Goods EU Issues Retaliatory Tariffs in First Answer to Trump’s Liberation Day Plan The global economy took a massive hit in April as the US announced a major tariff plan. Cioned as Liberation Day ...