• 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

Ethereum Sees Surge in Validator Deposits as Withdrawals Decline

chest

Ethereum experiences a notable shift in staking activity, with validator deposits surpassing withdrawals for the first time in six months, indicating renewed demand for staking.

user avatarGustavo Mendoza

Manufacturing Data Set to Provide Key Economic Insights

chest

The December S&P Global Manufacturing PMI data will provide insights into economic conditions.

user avatarLuis Flores

US Markets Close for New Year, Impacting Liquidity

chest

US stock markets will be closed for the New Year, affecting liquidity across correlated assets.

user avatarRajesh Kumar

Bitcoin Experiences Major Short Liquidation Amid Market Rotation

chest

Bitcoin saw a significant short squeeze with $493 million in total liquidations as capital rotates from metals to cryptocurrencies.

user avatarMiguel Rodriguez

China's Silver Export Restrictions Could Impact Global Markets

chest

China's newly announced silver export restrictions will officially take effect, adding a new variable to global commodity markets.

user avatarArif Mukhtar

Labor Market Signals Could Influence Crypto Sentiment

chest

The upcoming release of Initial Jobless Claims data is expected to test perceptions of the strength of the US labor market and influence crypto sentiment.

user avatarDavid Robinson

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.