Jan 03, 2025
President-elect Donald Trump has announced plans to impose 100% tariffs on goods from BRICS nations, targeting their efforts to de-dollarize global trade. The BRICS Alliance, comprising major economies like China, Russia, and India, aims to reduce reliance on the U.S. dollar, challenging America's economic dominance. This bold move could reshape international trade dynamics, but it also risks driving up costs for U.S. consumers and businesses.
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