China Strikes Back: Will the US Dollar Age End Soon?
China and BRICS could abandon the US dollar due to Trump's tariff threats, which would change global financial structure.
China Strikes Back: Will the US Dollar Age End Soon?
The economic war is on! Donald Trump, a man of clear statements, is threatening 100% tariffs against countries that want to say goodbye to the US dollar. But China is willingly taking on the challenge! Driven by Trump's renewed threatening gestures, the BRICS bloc is ready to fight resolutely - especially against the dominance of green notes from overseas.
China is seriously considering saying goodbye to the dollar. An influential Beijing think tank suggests having the yuan backed by a mix of non-dollar currencies. A bold move intended to strengthen financial freedom and stimulate demand. Declared goal: Independence from external threats. "The overpowering dollar strategy and Trump's tariff rant could limit the scope of our monetary policy," said the China Finance 40 Forum in her wake-up call at watcher.guru. Now it's time to provide answers instead of reacting silently!
The move is likely to shake the American dream of a dollar empire. Since 2022, the BRICS alliance has had enough of the dollar dictate and is focusing on large-scale de-dollarization. The East is preparing for a financial twist and thrust that could set the global economy in new directions. Pure excitement in the currency race!