Trading Heights
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๐จ ๐๐๐๐๐๐๐๐: ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐.๐. ๐๐๐๐๐
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๐ ๐โ๏ธ
The BRICS bloc โ Brazil, Russia, India, China, South Africa โ is considering joint action in response to new U.S. tariffs targeting their exports.
๐ธ ๐๐ก๐๐ญโ๐ฌ ๐๐๐ฉ๐ฉ๐๐ง๐ข๐ง๐
๐ถ Brazil has filed a WTO complaint over 50% U.S. tariffs and is coordinating with BRICS partners
๐ถ Leaders at the Rio BRICS Summit condemned unilateral tariff hikes and called for reducing reliance on the U.S. dollar
๐ถ Indiaโs Modi and Brazilโs Lula are holding talks for a possible unified economic response
๐ถ Strong rhetoric from BRICS leaders labeling the moves as โunjustified blackmailโ
๐ธ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ
๐ถ Possible coordinated retaliation against the U.S. โ economic & diplomatic
๐ถ Push to strengthen BRICS Pay and trade in national currencies
๐ถ Could reshape global trade norms and challenge U.S. economic dominance
๐ก Bottom Line: What started as a tariff dispute could escalate into a strategic BRICS vs U.S. showdown, with ripple effects across the global economy.
#BRICS #TradeWar #UStariffs๐ฅ
๐ธ ๐๐ก๐๐ญโ๐ฌ ๐๐๐ฉ๐ฉ๐๐ง๐ข๐ง๐
๐ถ Brazil has filed a WTO complaint over 50% U.S. tariffs and is coordinating with BRICS partners
๐ถ Leaders at the Rio BRICS Summit condemned unilateral tariff hikes and called for reducing reliance on the U.S. dollar
๐ถ Indiaโs Modi and Brazilโs Lula are holding talks for a possible unified economic response
๐ถ Strong rhetoric from BRICS leaders labeling the moves as โunjustified blackmailโ
๐ธ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ
๐ถ Possible coordinated retaliation against the U.S. โ economic & diplomatic
๐ถ Push to strengthen BRICS Pay and trade in national currencies
๐ถ Could reshape global trade norms and challenge U.S. economic dominance
๐ก Bottom Line: What started as a tariff dispute could escalate into a strategic BRICS vs U.S. showdown, with ripple effects across the global economy.
#BRICS #TradeWar #UStariffs๐ฅ
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