And We Know: Trump Threatens BRICS with Tariffs, China Banks Blocking Gold Purchases, Survival Rate of US Businesses in Decline

In an increasingly interconnected global economy, the recent actions and threats from the world’s major players have sent ripples of uncertainty across financial markets and business landscapes. President Donald Trump’s declaration of potential 100% tariffs on BRICS countries, coupled with China’s banking sector implementing restrictions on gold purchases, reflects the rising tensions in international trade and financial systems. Furthermore, a decreasing survival rate among U.S. businesses adds another layer of complexity to this already precarious situation. In a bold statement, Trump hinted at the possibility of levying 100% tariffs on goods imported from BRICS countries—Brazil, Russia, India, China, and South…