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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.
17m
on MSN
Kelly Evans: There are big downsides to “King Dollar”
There is something deeply reassuring about the dollar being the default global currency. We’ve all experienced this firsthand ...
23m
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 ...
15h
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 ...
2h
on MSN
Market wants dollar's role in funding and trade separated, Trump wants to bring them together: Strategist
Jaideep Tiwari of Citi Wealth says that Trump wants to use tariffs to achieve his other policy goals and that while there is ...
1h
on MSN
Dollar rises amid Trump’s tariff threats, Euro weakens on France’s political turmoil - Currency Recap
The U.S. dollar rose on Monday as President-elect Donald Trump advocated for a strong dollar, threatening 100% tariffs on ...
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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