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Trump, Dollar and BRICS
Trump Weaponizing Dollar Seen as Needless BRICS Provocation
Donald Trump’s fresh pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say.
Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
Kremlin says Trump threat to BRICS nations against replacing US dollar will backfire
Kremlin spokesman Dmitry Peskov, commenting on U.S. President-elect Donald Trump's threat to impose tariffs on BRICS countries if they create their own currency, said on Monday that any U.S. attempt to compel countries to use the dollar would backfire.
5m
Dollar set up for a bullish run in early 2025 amid greater volatility: TD
Disrupted supply chains caused by geopolitical risks, distorted inflation reads, and greater volatility are among the factors that set the dollar up for a bullish run early next year, according to TD ...
14h
Dollar edges higher amid rate, political uncertainty
The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the ...
4h
on MSN
Gold Slips on Dollar Strength, Focus on Key US Data This Week
Gold fell as the dollar strengthened, with investors looking ahead to key US data due on Friday that may offer clues on the ...
2h
Will Trump’s Dollar Diplomacy Roil Global Trade?
The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
Seattle Times
3d
Dollar’s year-end strength to give way to murky 2025
The
dollar
is set to start 2025 on solid footing before facing risks such as faster inflation and a surging fiscal deficit ...
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