Trump's tariffs against BRICS: Bloc defies threats and strengthens course
BRICS accelerates de-dollarization despite Trump's threats of 100% tariffs to strengthen economic independence.
Trump's tariffs against BRICS: Bloc defies threats and strengthens course
Trump in trade war fever! Even before his inauguration, the future US president is threatening the BRICS countries (Brazil, Russia, India, China and South Africa) with a horrendous 100% tariff on imports if the alliance sticks to its de-dollarization policy. Plain text: The great battle for the dollar is imminent! But the BRICS countries remain unimpressed and continue to fight against the dominance of the greenback as watcher.guru reports.
Donald Trump apparently sees the economic rise of developing countries as a threat, but expert Ash Narain Roy proves him wrong. According to Roy, Trump cannot stop the BRICS alliance or the de-dollarization trend with his threatening tariff structure. “He is blinded by his victory and does not realize that the ground is missing under his feet,” explains Roy. In fact, Trump's attacks could spur developing countries to abandon the dollar even more quickly. The consequences are sharpened fronts and a clear change of course: especially now! For a detailed analysis, see the report on watcher.guru.
The BRICS alliance is not alone. If Trump continues his threatening behavior, more and more developing countries will join the movement. One expert calls Trump's comments "empty rhetoric" and leaves no doubt that the real consequences will hit his own citizens with hefty prices on the shelf. There's a storm raging that's getting even more violent! The states are closing in, the dollar monopoly is crumbling... The showdown has begun!