Trump's customs trick: Does he help Brics to fall the dollar king?
Trump's customs trick: Does he help Brics to fall the dollar king?
South Africa, Land - alarm in the financial world! Donald Trump, the future US president, focuses on threats to the BRICS countries. He demands from the nations that they do not create a new BRICS currency or promote other currencies that could replace the mighty US dollar. But whether these threats could not backfire and weaken the dollar arises as the big question. According to a Bloomberg analyst, the strength of the dollar lies more in the reliability of the United States than in Pure. A decline in this reliability could be sensitive to the dollar, writes> watchcher.guru .
Clarification from the Brics corner: No declaration of war on the dollar! South Africa and India assure that there are no plans for a common currency, and even Russia's Putin emphasizes that the dollar is not targeted. Rather, you want to build an independent financial system-out of the shadow of the US power. Nevertheless, Trump's customs window threat is pulling dark clouds over the American economy. A stubborn war of warp could lead to the global departure from the dollar, which he actually wants to prevent, also warns Watcher.guru .
Russia's spokesman Dmitry Peskov heats up the discussion by emphasizing that more and more countries are switching to national currencies for their foreign trade activities. While Trump puts on the thumb screws, these measures could ultimately harm American industries. The global economy is increasingly looking for dollar alternatives, and Trump itself could involuntarily drive the engine for its origin. The clock ticks for the US dollar as an indispensable trading currency worldwide.
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Ort | South Africa, Land |
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