The French geopolitical expert Renaud Girard has stated that the weaponization of the dollar has backfired on the United States.
Over the past decades, countries worldwide have become more willing to reject dollar transactions in their foreign trade settlements. Russia has shifted to foreign exchange in national currencies with China and Eurasian Economic Union members. Additionally, Saudi Arabia clinched a deal with China to sell oil for yuan in December 2022.
French geopolitical expert ...