Trump’s Tariff War is in the beginning stages, and what the World is seeing are cataclysmic highs and lows in market data and drastic decision making by big markets such as China and Brazil. These countries are moving away from reliance upon the U.S. Dollar, to promote peace, security, development and cooperation.
Originally founded by Brazil, Russia, India, China and South Africa in 2009 & 2010. BRICS has now enjoined Egypt, Ethiopia, Iran, United Arab Emirates (UAE) January 1, 2024 and Indonesia January 6, 2025. Potential states that have applied or “Partner States” include Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan
Future development of BRICS would render the U.S. Dollar, an unparalleled currency for decades, in competition with the BRICS currency.
The result of the April 2nd/3rd signing of the National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security by Trump has caused a rippling effect that has taken center stage.
While the U.S. Dollar is having its highs and lows, U.S. businesses will continue to think of how to offload expenses and effectively manage tariffs. If this mean going completely international, then so be it.