#TrumpTariffs
🇺🇸💣 Trump states it clearly: 10% tax on anyone who allies with BRICS!
In a serious economic escalation, President Donald Trump announced that any country that allies or cooperates with the BRICS bloc will face an additional 10% tariff on its exports to America! 😳
This statement does not only include member countries but also cooperating countries like the UAE, Turkey, Egypt, and others... This means America is officially starting a policy of 'strike BRICS allies before they grow any bigger'.
📉 What is the impact of the decision on financial markets?
1. Emerging markets (China, India, Brazil): They could be negatively affected, leading to capital flight from their local currencies to the dollar or gold.
2. American markets: Temporarily, some local companies may benefit, but in the medium term, they could be affected by tensions and trade responses.
3. Gold: Likely to rise as a safe haven amid political escalation.
🪙 And what about cryptocurrencies?
🔥 This type of news is considered a 'political catalyst' that favors Bitcoin and decentralized currencies, especially if tensions between the superpowers increase.
📉 However, if American pressures increase, we might see attempts to regulate or restrict currencies linked to BRICS or alternative systems like new digital payment networks.
📏 My personal opinion as an observer:
I see that America is truly starting to fear the expansion of BRICS… and this statement is merely an attempt to slow down their massive project.