[Bigiron]

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine U.S. dollar
https://www.cnbc.com/2024/11/30/trump-th...ollar.html

[sgbuffett]

Talk so much just do it lah.

The very nature of BRICs is to circumvent USD.
What he means by "if they act:?" Yheh have already done it....

[moonrab]

Trump can never befriend Putin la...🤣

[revealer]

Pple will not use dollars if dollar r not as stable but so far so good. Other currencies fluctuate too damn much at the moment esp Ruble.

[Sticw]

Trump can never befriend Putin la...🤣

Last time rumoured Trump in Putin's pocket. Lol

[lvlrsSTI]

If he does that Americans will have no food to eat, no clothes to wear, no smart phones to use, no medicines for cancer patients and no Christmas presents for Christmas, and everything will be extremely expensive. 😂😂😂

Isolation will make American poor again.

[Alice Alicia]

https://youtube.com/shorts/shNRJVs8_Zo?s...MTD9sR9J2l

Donald Trump’s claim that tariffs are "not going to be a cost" American taxpayers. Scarborough emphasized that tariffs are, in fact, taxes on middle-class Americans, while Sorkin explained how increased prices from tariffs hit consumers and even hurt American exporters like farmers.

[aiptasia]

Typical trump bluster bs. I would love to see him enact such a move and the Americans can then eat shite as they won’t be able to afford groceries 

[sgbuffett]

Trump is a fool.
Why has USD has been reserve currency is because foreigners whenever they get their hadns on USD they plow it back in US investments like US treasuries and stocks. That creates a never ending denand for USD.

Why is demand for US assets so high? US is an open economy, the market is well regulated with investor rights and govt cannot anyhow disrupt ..also despite the mess that is called American society the US remains the best place in the world to invest in...and investors strong trust jn the american system.

BRICs is a long way from replicating and competing against the US being a collection of devloping countries without strong capital markets...

BRICs is not a real threat to USD.

The real threat to USD is Trump himself and his circus od clowns kw running (ruining) ....he is threatening free trade, global institutions....Trump lies all the time. In the end the most important ingredient thaf supports the USD called Trust is being destroyed by none other than Trump and his sidekicks like Elon Musk.

They are making China's job easier.

[winbig]

Trump thought that by slapping tariffs he can force people to lower their prices and sell to USA. Or he can force businesses to manufacture in USA if they want to sell to USA but don't want to pay tariff. I wonder who his advisors are?

[starbugs]

When every country becomes hit by US tariffs, the rest of the world will chug along just fine. Tariffs only work so far and after some point that question becomes: is that all you got Trump?

[Fit]

Good. The Bric will become a Block!

[Niubee]

Huh, now no more democracy or freedom of rights?

Everyone Kenna bluff

[goodboy]

Tariffs do not hurt the exporters. Tariffs hurt the importers who pass the cost on to the consumers. Let's see what will happen when he whacks 100% tariffs.

China's exports to the US accounts for only 3% of their GDP.

https://www.aei.org/foreign-and-defense-...e-numbers/

I think even if China totally stops exporting anything to the US, total decoupling, China will be able to tank it pretty well. I don't think the US consumers will be able to tahan though.

[goodboy]

Trump is a fool.
Why has USD has been reserve currency is because foreigners whenever they get their hadns on USD they plow it back in US investments like US treasuries and stocks. That creates a never ending denand for USD.

Why is demand for US assets so high? US is an open economy, the market is well regulated with investor rights and govt cannot anyhow disrupt ..also despite the mess that is called American society the US remains the best place in the world to invest in...and investors strong trust jn the american system.

BRICs is a long way from replicating and competing against the US being a collection of devloping countries without strong capital markets...

BRICs is not a real threat to USD.

The real threat to USD is Trump himself and his circus od clowns kw running (ruining) ....he is threatening free trade, global institutions....Trump lies all the time. In the end the most important ingredient thaf supports the USD called Trust is being destroyed by none other than Trump and his sidekicks like Elon Musk.

They are making China's job easier.

Why do you think Trump's nickname among the Chinese netizens is 川建国?

The last time he was in office, every move he made to hurt China turned out to make China even stronger. Stupid fool lah, that old man.

[aiptasia]

Tariffs do not hurt the exporters. Tariffs hurt the importers who pass the cost on to the consumers. Let's see what will happen when he whacks 100% tariffs.

China's exports to the US accounts for only 3% of their GDP.

https://www.aei.org/foreign-and-defense-...e-numbers/

I think even if China totally stops exporting anything to the US, total decoupling, China will be able to tank it pretty well. I don't think the US consumers will be able to tahan though.

The American consumers can enjoy paying $10,000 for their Iphones and $7,000 for their washing machines 

[moonrab]

Last time rumoured Trump in Putin's pocket. Lol

Both are mad actors..🤣
With a big knife behind..🤭

[Levin]

Including oil?

[RiseofAsia]

Why do you think Trump's nickname among the Chinese netizens is 川建国?

The last time he was in office, every move he made to hurt China turned out to make China even stronger. Stupid fool lah, that old man.

He cannot tarnish his uncle reputation lah.
He is helping China to progress and become stronger.
他是那个推手lah.

[Blasterlord2]

Trump thought that by slapping tariffs he can force people to lower their prices and sell to USA. Or he can force businesses to manufacture in USA if they want to sell to USA but don't want to pay tariff. I wonder who his advisors are?

Trump thought that the exporters will absorb the tariffs so that the importers will not need to up their price. Question is, will the exporters absorb it?

[victortan]

Trump is a fool.
Why has USD has been reserve currency is because foreigners whenever they get their hadns on USD they plow it back in US investments like US treasuries and stocks. That creates a never ending denand for USD.

Why is demand for US assets so high? US is an open economy, the market is well regulated with investor rights and govt cannot anyhow disrupt ..also despite the mess that is called American society the US remains the best place in the world to invest in...and investors strong trust jn the american system.

BRICs is a long way from replicating and competing against the US being a collection of devloping countries without strong capital markets...

BRICs is not a real threat to USD.

The real threat to USD is Trump himself and his circus od clowns  kw running (ruining) ....he is threatening free trade, global institutions....Trump lies all the time. In the end the most important ingredient thaf supports the USD called Trust is being destroyed by none other than Trump and his sidekicks like Elon Musk.

They are making China's job easier.

Bitcoin???