Goldman Sachs: Trump tariffs fuel US dollar – BRICS are shaking!

Goldman Sachs: Trump tariffs fuel US dollar – BRICS are shaking!

In a dramatic turnaround, experts at Goldman Sachs are predicting a boom for the US dollar, which could be fueled by Trump's tariff policies. While the BRICS nations are looking to break the dollar's dominance as the world's reserve currency, the reality is bleak! The global investment bank advises foreign exchange traders to bet on the green ticket now and make big profits with long-term positions as watcher.guru reports.

Goldman Sachs strategists argue that rising tariffs could ultimately strengthen the dollar and the BRICS bloc is in trouble. Markets are in turmoil as tariffs could provide a direct boost to US yields. BRICS, the major attackers on the dollar, see their local currencies trapped at new lows. Could this tariff storm be the death of de-dollarization plans?

The threat posed by Trump's aggressive economic policies could postpone the dream of an economy free of the US dollar for years, while the dollar remains soaring and the BRICS countries are maneuvered into the sidelines. dejavu for BRICS, which continues to be hunted by US market dominance.