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The BRICS alliance might not take Trump’s threats lightly and could impose countermeasures for his 100% tariff remark. China, Russia, and Iran could move forward, challenging Trump, while other member nations could play it softly. Trump recently threatened BRICS to abandon the de-dollarization agenda or face consequences of 100% tariffs on goods entering the US. The threat was made even before he took oath indicating that the trade war would intensify under his presidency. Trump wants the US dollar to remain supreme and be the dominant currency of the world. Also Read: BRICS: US Could Toughen Sanctions on Russia’s Oil Exports BRICS Will Respond With Countermeasures on Trump’s 100% Tariff Source: AFP The BRICS bloc could countermeasure Trump’s 100% tariff and place the heat on the US, said Shakila Yacob, Professor at Jeffrey Cheah Institute. The move could ignite a fresh trade war as Trump could also step up his aggression and impose more duties. “Of course, this ...

While it is no secret that social media personality and former professional kickboxer Andrew Tate is a big fan of Bitcoin (BTC), he has recently shared a view that the flagship decentralized finance (DeFi) might, in fact, become the only acceptable monetary and investment choice . Specifically, Tate has argued that the United States dollar was “f **ked ,” along with real estate and many other investments, which the government might take away from their holders as tyranny grows worse, leaving the maiden cryptocurrency as the only option, according to his X post on April 28. The dollars fucked. Real estate (and most other investments) they will take off you once you don’t comply with their tyranny. And the tyranny will become worse than ever. Leaving bitcoin. There’s no other option. — Andrew Tate (@Cobratate) April 28, 2024 Andrew Tate Twitter lessons As a reminder, the controversial influencer with mass following often uses X (formerly Twitter) to propagate his ideas, an...

BRICS countries are promoting their native currency before launching a new tender in August 2023. The next BRICS summit will be held in South Africa and the BRICS nations Brazil, Russia, India, China, and South Africa will launch a new currency to settle international trade. The nations aim to remove the U.S. dollar from its global reserve status and overthrow the existing financial order. China is making use of the timeline by asking other developing nations to settle trade using the Chinese Yuan. In Q1 2023, the Chinese Yuan was the most traded currency in Russia overtaking the U.S. dollar. In addition, France settled an LNG gas trade with China by paying in the Chinese Yuan, ending the reliance on the dollar. Also Read: 5 Arab Nations Ready To Join BRICS Alliance JUST IN: China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades. — Watcher.Guru (@WatcherGuru) March 29, 2023 On the other hand, India has ask...