How Desire Paths can Transform your Branding and Public Relations
How Desire Paths can Transform your Branding and Public Relations
5 Steps to Creating Successful Ads

Trump Threatens 100% Tariffs on BRICS Nations to Counter De-Dollarization and Economic Shifts [VIDEO]

Categories
Strategic Partnerships and Alliances

President-elect Donald Trump has signaled a bold stance on global trade by threatening a trade war against the BRICS Alliance, a coalition that includes influential nations such as Brazil, Russia, India, China, and South Africa. The proposed action stems from concerns over the alliance’s growing influence and their consideration of moving away from the U.S. dollar as the world’s reserve currency, a strategy known as de-dollarization.

The BRICS Alliance, originally formed in 2009, has expanded to include nine member countries, now informally referred to as BRICS Plus. The coalition seeks to shift global economic power, aiming to reduce reliance on Western financial systems like the International Monetary Fund (IMF) and the World Bank. The group has established its own New Development Bank, a counter to these Western institutions, and has explored alternatives to the U.S. dollar in international trade.

The BRICS countries collectively account for 35% of global GDP based …

How to Reach your Market in a World Ruled by Generative AI
How to Reach your Market in a World Ruled by Generative AI
12 Steps to Create Videos