Trump threatens the BRICS: trade war flares up before he takes office!

Trump threatens the BRICS: trade war flares up before he takes office!

Donald Trump has threatened the BRICS countries with a gigantic tariff of 100%! Even before he officially takes office, the future president pulls the trade war club out of the bag. Developing countries are bracing themselves against sanctions that have been coming from the White House for more than a decade. But Ash Narain Roy, head of the Institute of Social Sciences, gives the all-clear: Trump's threatening gestures will fizzle out like a brick! He thinks that Trump is carried away by his election victory and no longer feels the ground beneath his feet. BRICS has long since begun to break its dependence on the dollar and will continue the project undeterred even in the Trump era, reported watcher.guru.

A solid analysis by Roy reveals: If Trump increases tariffs, it will hit the little man in America! Prices will rise and consumers will foot the bill. Meanwhile, BRICS is de-dollarizing faster than ever. No matter how loud Trump's rhetoric may be, it falls flat! The BRICS group remains focused on gradually pushing the dollar out of trading plans. Trump's attack could actually have the opposite effect and fuel de-dollarization, observers said according to watcher.guru too. The ties between the BRICS countries are strengthening while Trump loses himself in his euphoria of victory!