BRICS Trump Showdown: Is there a trade war threatening the dollar?

BRICS Trump Showdown: Is there a trade war threatening the dollar?

Attention, it is boiling on the global stage! The BRICS alliance is unimpressed by the threats of the newly elected US President Donald Trump and plans to finally put the US dollar Ad Acta by 2025. While Trump threatens with 100 percent tariffs, the group is determined: de-dollarization is a mandatory not to screw its sanctions back, as reports watcher.guru .

But why this radical step? The former IMF director and Brazilian economist Paulo Nogueira Batista Jr. "We are not against the dollar - the dollar is against us," said Batista. In doing so, they want to free themselves from the effects of sanctions that affect Russia and Iran in particular. Nevertheless, there is Knatsch: India already speaks of a possible cooperation with Trump, and China also seems to have open ears for the US President.

The Brics block grows, he has just doubled. This expansion and the bold plans for the global market could bring western nations into force. The coming months will be exciting!

-transmitted by West-Ost-Medien