The US is reportedly threatening to remove the dollar’s peg to the Hong Kong dollar. Here’s why that’s an empty threat from the Trump administration.

The US is reportedly threatening to remove the dollar’s peg to the Hong Kong dollar. Here’s why that’s an empty threat from the Trump administration.
Tensions between the US and China ratcheted up this week after the White House reportedly threatened to remove a long standing peg between the US dollar and the Hong Kong dollar — risking widespread … [+3435 chars]
https://markets.businessinsider.com/news/stocks/the-us-is-reportedly-threatening-to-remove-the-dollar-s-peg-to-the-hong-kong-dollar-here-s-why-that-s-an-empty-threat-from-the-trump-administration-1029385159

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