Tag: economic news

Trump Labels BRICS as an ‘Attack’ on the US Dollar

Trump Labels BRICS as an ‘Attack’ on the US Dollar

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In a fiery statement that has once again stirred global economic debate, US President Donald Trump described the BRICS alliance as an “attack” on the US dollar, asserting that his administration’s firm tariff threats caused several countries to back out of the group’s expansion plans. The BRICS bloc — comprising Brazil, Russia, India, China, South […]

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Trump’s 'Reciprocal' Tariffs Take Effect August 7: A Bold Gamble with Uncertain Rewards

Trump’s ‘Reciprocal’ Tariffs Take Effect August 7: A Bold Gamble with Uncertain Rewards

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In a bold and controversial move, President Donald Trump has ordered the reimposition of sweeping tariffs on dozens of U.S. trading partners. The decision, which marks a major escalation in his “America First” trade agenda, will officially take effect on August 7—giving the global markets just one week to brace for impact. Unlike previous trade […]

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