‘Different from anything in the past 80 years of dollar dominance’: U.S. sanctions spur a ‘paradox’ pushing allies away from American currency
- Posted on May 6, 2026
- By Fortune
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- 1 min read
‘Different from anything in the past 80 years of dollar dominance’: U.S. sanctions spur a ‘paradox’ pushing allies away from American currency
Economists warn the ongoing war in Iran and aggressive U.S. trade policies have eroded trust in American financial systems.