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Benzinga

Business

Vishaal Sanjay

Trump Warns Losing Dollar Reserve Status Would Be Like Losing 'A Major World War,' But Analyst Says It's Already Happening: 'The Dollar Is Not Still King'

Donald Trump United States WISEMAN

Donald Trump

President Donald Trump issued a stark warning on Wednesday, saying that the loss of the U.S. Dollar’s global reserve status would be tantamount to “losing a major world war.”

What Happened: “You ever hear the expression ‘the dollar is king?’ The dollar is king. We're going to keep it that way,” Trump said, while speaking to the media on Wednesday.

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