Wednesday, December 25, 2024

Trump's BIG BRIC WALL.

President Trump's call for Tariffs,
And more sanctions against 
BRIC'S . Punishing nations
For dropping the Dollar 
Could hit a brick wall 
In 2025 .

As we approach the big day of Trump being sworn in as President*again*😄
There still an uneasy expectation of his economic plan. BRIC'S. Trump’s BRICS Tariff: History Shows Retaliation Risks , many nations are dropping the Dollar because of risks of sanctions by the United States. 2025 is for certain a year of BRIC'S . Trump is screwing the USA by using the dollar as a weapon . BRICS is not going to fold. He thinks he can push other countries around but times have changed. Tarriffs will only cost the consumer more.  Trump's apparent plan of tariffs is very risky to the US stock market. 🧵TRUMP'S 100% TARIFF THREAT AGAINST BRICS WOULD BACKFIRE – President-elect Trump has threatened 100% tariffs on BRICS if they create their own currency or ditch the dollar. But what would this mean for the US economy? What a mafia. Openly threaten BRICS to stay in the US club to continue to use USD in trading.Not many, if none at all, can pay 100% tariff. They may bargain with Trump 2.0. For instance, they may continue to use USD for some trading, while using other currencies for other trading. In fact, this is exactly what is happening now before BRICS system is mature. Or they just stop export to USA.Or, if their economy is strong enough, fight back with something similar to tariffs but with different name. Like China is doing. Each country must evaluate their situation before going to the bargaining table with mafia USA. But remember: you bow down to the mafia once, the mafia will come back to you again & again. A mafia is a mafia. Capitalist sharks will suck dry of all your blood.In Trump 1.0, in the case with China with 25% tariff, it was Americans who paid 90% of tariff. Chinese sellers only paid 10%.As a result, Americans saw stubborn inflation that FED must violently increase interest rate many times. Then small banks & business went bankrupt & closed shop.There are 9 members & 13 partners in 2024 BRICS. 100% on BRICS countries that incl China??? Together with 25% on Canada & Mexico, US inflation may go sky high. More middle-class Americans may become poor.Trump 2.0 guarantees to cut lots of public servants, social services etc, so as to bring down expenses.  Trump’s tilting at windmill threat will underscore that the rest of the world cannot look at the United States as a reliable and trustworthy partner, thus enhancing the chances that countries will keep their distance from America and seek to play off geopolitical rivals.  Lots of people will become poor.Ironically, poverty will bring down inflation. Nobody has money to spend any more.Back to the question. Someone didn't explain to him that it's their US horrible, violent, war-based foreign policies that have pushed all countries away from the West and neglecting the dollar. Joe Biden insulted BRICS countries everyday. The US is a bully that doesn't like to work well with other countries. BRICS was the only alternative to freedom and good relations. Love Trump but he hasn't caught up with how the world has changed since he last was in power. If he was to end all sanctions on 1/3 of all countries worldwide, Brics most likely wouldn't even think of getting their own currency. This will accelerate the development of the multipolar world. wont work in a long run. It only pushes BRICS to speed up the completion of the BRICS system.USA has forgotten: it was US militarising USD & SWIFT that pushes other countries to find a new system.It is karma. Trump has officially confirmed what everybody was blaming the US for - the weaponization of the Dollar. In fact, BRICS will further continue to deepen trade ties with each other and third partners by avoiding the Dollar for exactly that reason - vulnerabilities and overexposure. As if the #DOLLAR dictatorship were not obvious enough, #Trump threatens 100% tariffs on any #BRICS country that seeks to avoid using the dollar in international trade.    Remember Trump is the king of intimidation.  Look how he threatened Canada and Mexico.Despite Trump’s bluster, these increasingly extreme threats will not result in one of his self-proclaimed successful “deals”.
100% tariff on Brics nations is just impractical. The U.S. is heavily dependent on imports from these countries, particularly in areas like energy, machinery, electronics, and raw materials. A 100% tariff would essentially double the price of goods imported from BRICS nations.This would lead to higher prices for consumers and businesses in the U.S. The economic backlash could be severe, particularly for industries and sectors that rely on affordable imports. BRICS nations would likely retaliate with their own tariffs on U.S. goods and services. This could escalate into a broader trade conflict. BRICS countries could also move away from using the U.S. dollar, accelerating their efforts to create alternative currencies or payment systems.  Do you think such threats will work? It will backfire USA at the end.