politics

♦️ Conversation: Trump’s Policies Weaken the Dollar

🔹️ Trump has threatened to impose heavy tariffs on BRICS countries if they attempt to create a rival currency to the US dollar.

🔹️ Trump’s economic policies could lead to an increase in US debt and a decline in the value of dollar reserves worldwide. In such a scenario, countries might consider using alternative currencies like the euro or yuan to reduce their reliance on the dollar.

♦️ Conversation: Trump’s Policies Weaken the Dollar

🔹️ Trump has threatened to impose heavy tariffs on BRICS countries if they attempt to create a rival currency to the US dollar.

🔹️ Trump’s economic policies could lead to an increase in US debt and a decline in the value of dollar reserves worldwide. In such a scenario, countries might consider using alternative currencies like the euro or yuan to reduce their reliance on the dollar.

https://theconversation.com/why-donald-trumps-election-could-hasten-the-end-of-us-dollar-dominance-245305

No one can replace the dollar, at least for many years.  BRICS is only to threaten US