• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Threatens High Tariffs on Countries Adopting New BRICS Currency

user avatar

by Giorgi Kostiuk

a year ago


Donald Trump has revealed his intention to counter the BRICS monetary ambitions. In response to their common currency project, he threatens to impose 100% tariffs on imports from countries adopting it. This strict measure possibly heralds secret negotiations that could reshape the global monetary order.

Trump Wants to Impose 100% Tariffs

Trump plans to use the ultimate economic weapon: 100% tariffs on imports from any country adopting the BRICS currency. This would instantly double the prices of imported goods in the US market. The strategy mainly targets China, the world's largest exporter, but would affect all BRICS countries. The goal is to make adopting an alternative to the dollar in international trade economically unfeasible. Behind this aggressive posture lies a more subtle approach: using the threat of tariffs as a negotiation lever, a tactic he successfully employed during his first term.

Trump Prepares a Secret Agreement with Putin

Well-informed sources mention the existence of a tripartite secret agreement between the United States, Russia, and China. Vladimir Putin reportedly showed willingness to return to the dollar in exchange for the lifting of sanctions against Russia. This pragmatic approach reflects the Russian view of the US as a 'wounded wild beast' to be accompanied, not directly confronted. Russia and China could temporarily accept dollar dominance, waiting for the natural evolution of the balance of power.

Trump Faces the Issue of American Debt

This strategy unfolds against a backdrop of explosive American debt. Debt is expected to reach $37 trillion by early 2025, increasing by $1 trillion every three to four months. This pressure forces the US to maintain the dollar's hegemony to continue financing its deficit. BRICS countries, aware of this American vulnerability, are accumulating strategic gold stocks. China, in particular, pursues a discreet yet massive accumulation strategy, without revealing the true extent of its reserves.

Trump's strategy towards the BRICS reveals a two-tier approach: public threat of massive economic sanctions and secret negotiations for a new global monetary balance. The outcome of this confrontation will largely depend on the American capacity to manage its explosive debt. The BRICS, for their part, could temporarily accept the dominance of the dollar while patiently preparing the emergence of an alternative system.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Shiba Inu's Open Interest Surges Over 20%, Surpassing Bitcoin and XRP

chest

Shiba Inu has seen a significant increase in Open Interest, surpassing Bitcoin and XRP, indicating a shift in trader sentiment.

user avatarJacob Williams

Trump-Linked Crypto Ventures Raise Concerns

chest

Bollinger raises concerns about Trump-linked crypto ventures affecting major cryptocurrencies like Bitcoin and XRP.

user avatarSon Min-ho

John Bollinger Critiques Capital Drain from Crypto Market

chest

John Bollinger expresses concerns about the impact of political actions on the crypto market, particularly regarding Bitcoin and XRP.

user avatarZainab Kamara

Bullish Bitcoin Predictions Surge from Industry Experts

chest

A compilation of bullish Bitcoin price predictions from various financial experts shows a wide range of predictions, with estimates reaching as high as 500,000.

user avatarAyman Ben Youssef

Senator Lummis Urges Immediate Action on CLARITY Act

chest

Senator Cynthia Lummis urges immediate action on the CLARITY Act, emphasizing the need to avoid further delays and address offshore risks in the cryptocurrency market.

user avatarKofi Adjeman

Morgan Creek CEO Critiques CLARITY Act, Warns of Continued Crypto Downturn

chest

Morgan Creek Capital CEO Mark Yusko criticizes the CLARITY Act, suggesting it may prolong the downturn in digital assets.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.