Trump-comeback: Brics currencies under pressure-dollars wins!

Trump-comeback: Brics currencies under pressure-dollars wins!

In a world full of economic uncertainties, a dramatic turning point is bought - Donald Trump's return to the political stage ensures waves of enthusiasm and concern! With the victory in the 2024 presidential campaign, the controversial billionaire sets new standards, especially for the dollar strategy. The Greenback suddenly experienced its best day in eight years. What a comeback!

The global struggle for economic dominance is heading, because the Brics countries, consisting of Brazil, Russia, India, China and South Africa, are under pressure. This alliance has been striving for strategic de-dollarization since 2022, driven by western sanctions against Russia. But Trump's trade weights threaten a setback: the new old president has clearly made it clear that every departure from the dollar for the USA no longer means a trade. "Anyone who leaves the dollar does not do business with us," said Trump determined at an event in Wisconsin.

economic quake on the markets

The US dollar, the shimmering symbol of American power, experienced a phenomenal increase after Trump's election victory. The dollar index rose by a whopping 1.8% - the highest daily profit since June 2016! Wall Street, electrified by Trump's resurrection, also marked record stands at Dow Jones and S&P 500. A clear change of course could become a reality in view of Trump's offer to loosen sanctions.

"If we lose the dollar as a world currency, it would be as if we lost a war," Trump explained at a meeting of the Economic Club in New York. His "America First" philosophy puts the markets into turmoil, while the BRICS countries may have to reorient themselves. What follows is uncertain, but one thing is clear: the world will be observed closely how this global economic game develops.