Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar and why some countries are trying to chip away at its dominance.

More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video

On Facebook:   / videos  
On Twitter:   / wsj  
On Snapchat: https://on.wsj.com/2ratjSM

#WSJ #Economy #Trade