Economy / FinanceNorth AmericaRussia

Arcadia Economics: How BRICS and Gold will Respond to Trump Tariffs and De-Dollarization Threats

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In a significant geopolitical development, President Trump has issued a stern warning to BRICS nations against their ongoing attempts to de-dollarize their economies. This move comes amidst heightened tensions involving trade and military confrontations, suggesting a precarious landscape with potential ramifications for global finance and diplomacy. The BRICS coalition has made strides in fostering economic cooperation among its members, seeking alternatives to the U.S. dollar for international trade. This initiative primarily stems from a desire for greater financial independence and an effort to insulate themselves from U.S. sanctions and monetary policy. The de-dollarization movement is viewed not only as an…

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