Yanis Varoufakis: What to watch for in 2025 – Trump, the US dollar, and China

Yanis Varoufakis 2025-01-21 Donald Trump will have some problems

1. he needs to decrease us dollar to bring jobs back but tariff will boost US dollar price
2. he might lose hegemony of us dollar first time afterWWII
3. he need export rise, import diminish. What Ronald Reagan did with Plaza Accord to Japan, trump will try to do it to China. But China is different. It is not a country USA invaded.