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Trump's tough tariff: the starting signal for the global move away from the dollar!
In 2025, Trump's tariffs could help BRICS advance de-dollarization despite global trade tensions.
Trump's tough tariff: the starting signal for the global move away from the dollar!
Shockwaves through the global economy! In just three months, US President Trump has disrupted the global economy with his surprise Liberation Day tariff plan. His goal? Save the green glow! But the massive 150% tariffs against the BRICS countries could play a major role in disempowering the dollar, reports watcher.guru. The real drama could only really get going in 2025!
A 10% base tariff on all imports has plunged the US into a more intense trade war with China. This economic battle poses the risk that the dollar will be less in demand worldwide. And while India continues to cozy up to the US, China has responded with hefty 84% counter tariffs. BRICS pioneers like Brazil are not giving up on replacing the dollar on the international stage. A golden rush could soon sweep some unexpected countries, as the report on watcher.guru shows.
Russian President Putin once called the dollar weapon a huge mistake. Will this opinion soon be shared by others? The fiery battle over the global currency is heating up as many nations begin to rely more on the shine of gold. It remains to be seen whether Trump’s aggressive tariffs will soon boomerang.