Analysis: Published on October 26, 2026, by the Center for Strategic and International Studies (CSIS), this episode examines how trade friction, tariff regimes, and bilateral energy settlements are reshaping global monetary architecture. Hosts Scott Miller and William Alan Reinsch alongside Dawson Law unpack the structural pressures challenging U.S. financial hegemony as emerging blocs increasingly turn to alternative settlement mechanisms. This strategic dialogue highlights why the weaponization of trade and finance is accelerating the transition toward a multipolar currency system.