
Trump’s Iran War Turns Into Fight for the Dollar
Tehran’s new demand for peace with the U.S. includes shifting oil trade to the Chinese yuan.

Tehran’s new demand for peace with the U.S. includes shifting oil trade to the Chinese yuan.

The U.S. president is tackling an issue the nation has been kicking down the road since the end of the gold standard in 1971: the gaping chasm of fiscal disaster and trade deficits.