Suche
Mein Konto
US dollar crashes: BRICS benefit from Trump's tariff shock!
As trade tensions grow, the US dollar falls while BRICS could benefit from de-dollarization.
US dollar crashes: BRICS benefit from Trump's tariff shock!
Global economic nerves are on edge! As the US rocks the world stage with its new Liberation Day tariff plan, the US dollar continues to bleed. The greenback is under fire and continues to fall amid growing trade war fears, much to the delight of the BRICS alliance. Former President Donald Trump's threat to impose 150% tariffs on the alliance never came true. But his tough stance still has consequences: the dollar plunges to a three-year low against the euro and the yen!
The BRICS countries are rubbing their hands and continuing to bet on dedollarization and gold, which has reached record highs of over $3,200. Investors are nervous - as the tariff soup continues to simmer. Markets are taking a bleak view of the future of the U.S. economy, dealing another blow to the currency. “The uncertainty is now unbearable for most international trading companies,” says ForexLive’s Adam Button. Loud watcher.guru, it remains to be seen whether the trend will continue and what impact this will have on the global economy. What remains? A shaky dollar and an area of tension that could shake America's economic power...