Trump's trade war: losing the dollar against the BRICS?
Trump's trade war: losing the dollar against the BRICS?
South Africa, Germany - Donald Trump against the Brics! The designated US President moved to combat mode in 2025 and demands a commitment from the BRICS countries not to create a new Brics currency or to replace the US dollar. Trump garnish his threats with a fat tariff hammer. But a Bloomberg analyst warns: Trump's move not only threatens the BRICS, but could also harm the dollar itself. In a burst tweet on "Truth Social" Trump made it clear: Without the Mighty dollar, no more shops in the "wonderful" US market-with otherwise threatening 100% tariffs!
While Trump pulls the reins tighter, there is a headwind! South Africa and also India's Foreign Minister appease: No plans for a common Brics currency and no interest in spitting the dollar in the soup. Russia's Putin also speaks up: the block does not chase the US dollar. But the dollar strength weakens strongly: the 2020 pandemic was already shaking through the currency. There is more about the connections at watchcher.guru .
Ironically, Trump's strategy to maintain the "glorious dollar rule" could further heat up the zeal for de-dollarization. More and more states in the Brics block flirting with national currencies for international trade. Russian sanctions already made Moscow push more local currencies. Dmitry Peskov says: The compulsion to use local currencies could soon go to school worldwide. Global trade gave to alternatives to the dollar - and Trump unintentionally fuels this development. While the BRICs gather, the question remains: who is really the greatest danger to the green dollar?Details | |
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Ort | South Africa, Germany |
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