Trump Threatens BRICS Nations With 100% Tariff for De-dollarising | Vantage with Palki Sharma
ฝัง
- เผยแพร่เมื่อ 8 ก.พ. 2025
- Trump Threatens BRICS Nations With 100% Tariff for De-dollarising | Vantage with Palki Sharma
US president-elect Donald Trump has threatened BRICS nations with 100% tariffs if they try to move away from the US dollar. Is Trump serious about targeting the BRICS, which makes up 40% of the global population and 37% of the global GDP? What options do BRICS members like India have? Palki Sharma tells you.
---
Donald Trump | USA | BRICS | India | Tariffs | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#donaldtrump #usa #brics #india #tariffs #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.c...
casino owner threatens customers who leave.
😂😂❤💯
😂Well Said, Cheers 🍻
That goes to show you are as foolish as a gambler who leaves one casino to go gamble at another casino.
hahahahhhhah lol
@@emmanuelochieke1645not when the casino owner has bankrupted casinos in the past
This is exactly why every country needs to dedollarize. This kinda blackmailing shall not be entertained.
Agreed!
Boo Hoo. To Bad all those economies will burn if they don't do business with the US.
So which currency will we use? My suggestion is Russian Rubble.
@@timbat4899haha sorry, it’s frozen until January because it’s in free fall. Better pick something with actual value.
@@timbat4899 Lmao....No
This is why they killed gadafi. But thing are different now.
YEA THIS TIME WE HAVE A BUNCH OF PEOPLE TRYING TO BEAT THE DLLS 😂😂😂😂 USA CAN'T FIGHT THEM ALL
well said
@@nefto6858You’re delusional, America is the super power for a reason. You know what it was back then when President Trump got elected in 2016. It was peace, it would be crazy for other countries to abandon the dollar when they have benefited and not to mention peace.
You're very correct sir
@@Whyme103 Clock is ticking on America's super power status. America do not call the shots anymore. Get used to it
I am from Brics country. It doesn’t make sense to use USD. For example when we buy something from China, we need to use USD instead of Yuan. And we loss from the buy and sell process of the currency, USD, which the country itself does not involve in the trade.
It does, because the USA is a real currency that is tradable. YUAN is not a real currency and not tradable. It has no value. The Dollar is the standard currency, because rating agencies and economic experts rate it in real time. You cannot do that with the Yuan, because the Yuan is a made up currency by the CCP under Xi Ping, who is a Tyrant with unlimited power in China and no accountability.
The USD is the comparison that is used for currencies world wide. WITHOUT the USD there is a great problem in measuring how much the YUAN is actually worth. Because, when you use YUAN, you actually use a currency, that is highly manipulated and intransparent and is issued by a dictatorship, so the REAL economic value of the currency is totally unknown. To cirumvent that, we use the USD, the Dollar, because from all currencies, that is the most transparent one, the most valuable one, and the one, that is available in great numbers OUTSIDE the US. That is not the case with the Yuan or the currency your country would use.
@@PandaPanda-ud4newhat you said totally summed up the reason for moving from the gold back system because the US wanted to spend more than what it actually had in gold reserves and prop up it currency in truth the dollar isn't backed by anything but the military and its not fare to other countries because in truth there is no government that is going to be transparent and forthright to be honnest enought to say the actually valve of there currency so if we aint going back ti the gold standard best we continue to trade in our own currency which is like a barter system and no one inflate any currency
That's why they want you to keep it, they make money for nothing
Trump's stupid threat is the best reason to join
Trump speeding up the development of BRICS😂
I was just thinking about that very same thing
@@ceboshembesome of you are delusional, explain to me what “Development”? Can’t even agree on a common currency?
@rickjames18 because in brics there is already a lot of infighting and they can't agree which currency to make it main.
But the external threat (US) can force them to put the terms on the plate as soon as they can
@@rickjames18obviously India will not divulge its own interests openly and will play its own game.
@@rickjames18The "development" the op means, it seems, is that one of the reasons for the initiation of bricks was their common opposition for unnecessary western authority. This act from trump may just end up fuelling that very feeling even further.
Ok... Bye Tesla, hello BYD, Bye Iphone, hello Huawey, Bye McDonalds, hello healthy food.
Go ahead. Let's see how your people will find scrap food in the garbage just like all the nations that chose to not align with the United States of America.
I like hello healthy food❤❤❤
Goodluck...😂
Do you really eat McD? I would rather eat biryani or Shahi thali over it.
Bye expensive quality welcome Chinese garbage😂
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
It is advisable for investors to exercise caution regarding their investments and exercise caution when considering new purchases, particularly during periods of inflation. Achieving significant returns in this economic downturn can only be accomplished with the guidance of a professional or trusted advisor.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.Read more
Implementing concepts and tactics that lead to incalculable advancements is something I value. I'm looking for a trustworthy advisor because I don't want to make this mistake because I'm really liquid. Would you mind sharing the details of this person with you?
My CFA, “Melissa Terri Swayne is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Interesting. I am on her page on the browser now doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.
I like this reporter, she explains things very clearly & simply, without using fancy vocabulary! I listen to her posts a lot
Me too. She is such a good reporter. Very clearly. Explains everything.
This sort of bullying is what led to BRICS
You will all fold to the mighty U.S with a real president 😂 i don't know why even resist. 300 million? We own NATO tik tok your time's coming. No matter how many trillions in debt you're still peasants compared to the average American.
@@JerielAlvarez3.5 billion people Vs 300 million ?
@@AtheistfanGuava Yes because the U.S has no allies right? 🤡 We are the leaders of NATO Your 9 countries don't stand a chance unfortunately for you #MAGA
@@AtheistfanGuava Yes because the U.S doesn't have any allies right? 🤡 We are the leaders of NATO Your 9 countries don't stand a chance #MAGA
@@JerielAlvarez yea right say bye to antimony.
Narcissists and abusers get more aggressive and violent when you try to leave to build your own life.
Well unfortunately for Indians and Chinese, these narcissists and abusers control the world order
Is Trump into that?
very true
The new Sheriff in Town
@@subhamsingh3097 oh I c
Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.
Indeed, you are correct! But on the advantageous aspect, economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
I fully agree and place great value on my advisor's role in guiding my daily investments. They excel in both long and short strategies, managing risk for potential gains and protection against market downturns. Their access to exclusive insights and in-depth analysis makes exceeding expectations a regular outcome. In the two-plus years I've worked with my advisor, I've gained over 1.2million dollars.
wonderful ! thats what I want for myself, mind disclosing info of your advisor here? in dire need of guidance
My CFA Annette Christine Conte a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you PAMELA ANN PUNKAR, imagine investing $12,000 and received $305,500 within three months.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@AlexandersRodrigueza That is where an AI and a licensed advisor comes into the picture. I barely have time to trade myself as my job swallows up most of my time. To achieve your goals, work with an advisor like PAMELA PUNKAR . Can give you a lead .
@@MarcelinaMakowski Oh please I’d love that. Thanks!
PAMELA ANN PUNKAR is her name.
LOOK HER UP ONLINE
And that's the reason why BRICS came into existence
How do you feel about China manipulation of currency to screw other countries?
But, Welllll before President Trump. Brics have been forming for many years now BECAUSE The United States Government continues to weaponize the US Dollar through sanctions.
Now from Trumps point of view he is trying to stop other countries from dropping the US Dollar.
Imo…. It’s ALLLL Part of a bigger plan that nobody is seeing, All parties involved! I bet money on it!!!! BECAUSE Their are people who are higher up… above a president, And they move certain people as if they were a chess piece, already knowing the outcome AND Already having a “Solution”.
No doubt that there is a new equal opportunity, level playing field Currency coming because the US Dollar IS hurting other countries. Debt is at All Time High…..
SOMETHING Is happening! I just know it is 💯 So many distractions 💯😆
BRICS is very easy to force to use the dollar. Trump will win. USA will win. It’s so easy…
Lil Homie don’t realise that is just giving the BRICS nations more motivation to do exactly what he doesn’t want them to. Additionally, What does he think will happen when he stops trade with China and India. The Cost of Living will rise so high that it will wash away his Government.
@@Thuon_ because China would never manipulate the value of their currency like they've done in the past, right?
This is exactly why there's need for an alternative to the us dollar
There is Gold.
Go ahead. But do not even think about selling in our economy.
Poor third worlders getting angry in comment section
Bitcoin
@@MilaanTornbergroeo angry? We're not the one's threatening tariffs to everyone
Tariff the whole world ??? how does that work in global economy
Most countries aren’t stupid enough to leave the dollar
🤣 imagine crying about the dollar for almost 20 years while continuing to use the dollar 🤣 even Putin in his recent silly speeches admitted this is not the time to dump the dollar🤣
@@tylernoble8137 jesus lol, thats not stupidity.
Just like Brexit turned out to be a self-imposed economic sanction, tariffing the whole world would result in the US implementing Cuba-style sanction upon itself.
Do it Donny. Double dog dare ya.
@@Exbozz imagine not being able to sell your products in America, yeah that’s stupidity
Never interrupt your enemy when he is making mistakes!
never ineterupt those clapping for the enemy (brics) while living among the enemy (usa). these nations have benefitted from USA potus's who were obsessed with a gobal image/legacy rather than usa interests. they can pat each other on the backs all they want but even their combined economies cannot offset the usa market. like canada and mexico, the realities will dawn on them soon.
@AnilPatel-bp5wp Irrelevant!
@@fingerprint8479 You are the enemy!!
@@AnilPatel-bp5wp Yes, of course !!! We should not be criticising him. We should be encouraging him. Yes, Trump, increase the tariffs and add even more to allies like Australia, England. They will all behave like little Trudi who pissed himself and sold his soul to the USA.
@AnilPatel-bp5wp it is this mindset that has led to the growth of brics in the 1st place the world is fade up with usa conquering foolery.
Why arent American people telling their own leaders to stop meddling in other countries affairs.
Because half of yall people are over here 🙄 i think im not sure 🤔
We do, constantly, but they dont listen. We shouldnt give anyone any money for any reason. The rest of the world should all be on their own.
@@KingsMen-RUShalf? Lmao 😂😂 Do you know maths? Whts your current population 😂
We do all the time. American leaders only care about their pockets.
@uchihaexzox1152 current population let me guess oh yeah full of illegal immigrants 😭🤫💯
The world's largest importer threatening to increase import tariff 😂
In their Universe, it’s good business.
@@dal6984 It keeps local businesses alive. We win trade wars all day so what can other nations do? They need us more than we need them, fuck em.
Add in it’s a country that doesn’t export anything worthwhile to the rest of the world, not even many intelligent people. Go figure.
So, it will force us to manf. Here and do without some things.
@@playfulpatyy57 No it won't 🤣🤣 They will just move to another country with cheap labour cost. In the meantime, producers already producing in the US, will just say "Hey, our foreign competitors are being dealt with by tariffs. We don't have to sell at lower prices to compete with them. Let's increase our profit margin biiiiiitches!! 🤑"
One day, trump will realize he's not God. Trump fall is going to be horrific.😢😢😢
Actually, the president will triumph as usual. You jealous nations will just have to suck it up as the US remains the greatest country to ever be on this planet.
He is the God of the dollar. As it states on the dollar bill.
@@TruongNguyen-oo6bv😂😂
It’s a fair game now, let the games begin.
Yes. Use rubble.
you didn't play chess or poke game nor who sink my battle ships Monoplo reatlor state this game is who owns all the land is king of the world snakes and ladders at the end the winner is King
You like to play pokers? It's not the game you think it is!😅
Let's come back to this comment in a year
Yes, India has the right to promote its currency like America has its right to tax its citizens!
The biggest problem with using only $ is, countries don’t have $ available all the time because the way the current system works. So, is all countries do at least 50% of business in local currencies, and do transactions each other, balancing the books gets easier. We are not collecting currency, but currency is just a convenient way to do business. Ultimately your currency is your product & service and money is just for accounting!
Who says no.
That’s ur dream but it woke happening
India taxes the sh8 out of the actual contributing citizens more than any civilized country in the world. While giving tax breaks to the actual folks who earn in millions.
What a childish view. That's like saying you have a right to your company's clients. It is not as linear as you see it.
But is that realistic
The world isn’t trying to move away from the USD because of preference but because of necessity. De-risk the USD: no threat of asset confiscation, stop reckless printing, manage debt responsibly, and don’t weaponize SWIFT. In that event, a stable dollar is in everyone’s interest.
Agreed, but men are greedy and manipulative. Society always fails and civilization always falls.
Then we Rinse and repeat.
Yes. The weaponization of swift is the biggest problem.
Also the USD has no intrinsic value as it's backed by nothing but trust and we all know trusting people is the worst thing you can do.
@@YazhShah 🤣 sooo what happens when your a tiny defenseless country and Russia robs you?🤣
@@YazhShah The trust is in the US economy, not people.
😂😂 I love this woman. I like the way she narrates the facts.
That's bullying. I think Trump will be the US downfall
Buckle up !
And... They will start WW3 as their last resort
Is already down the drain and his helping it to get swallowed 😂😂😂.
Amen
BRICS to USA "So what?" the "decoupling" from the Western monopoly is the primary reason for de-dollarization.
Isn’t it the other way around ? Decoupling from the west is the method for de-dollarization?
Bye Felicia , America never need you to begin with,. Without America you're just a British colony
@XCM_hod aren't you two saying the same thing
@@paulomilan515Yes, they seem to be in furious agreement.
@@rawnet101because Trump statement are contradictory at best and dumb at worst, his threat and reasoning not actually different. Like someone said “Don’t go East, unless you want to go East”, which i could reply “Thank you Granpa for your blessing”.
Guys it's actually a good sign . It shows how afraid and desperate U.S.A is
I'm so sorry as an american
@@nolantherailfan5048 It's not your fault . It's always the government . They want a monopoly over the world wasting your hard earned tax money
Yes, we are shaking in our boots!
😂😂😂😂 Trump doesn't fear our teeny weeny Ramaphosa government, nor Putin or Jinping!!WHAT A JOKE!!!!!
Trump said the same thing and actually did it in 2016 his first around and everyone complied. this wont be different. America wont be USED again. the ungratefulness of other countries with dire economies yet have their hand out any chance they can get is disgusting.
There is discussion that the BRICS currency will be pegged to gold, one gram of gold equal to one BRICS, it will be incredible
Just imagine if India and China did not have any border disputes and were close allies, US would not have been able to threat anyone. Because India, Russia and China together can make one unbeatable force.
The U.S. will be fine smh why do yall think the U.S. is going to be so destroyed once it prioritizes itself. Smh it’s sad, smh
India is a traitor to BRICS. Russia and China are firm on their stance to de-dollarize but India sabotages by trying to please the United States. India's border dispute with China has nothing to do with de-dollarization.
@@KatrinaMelvinUSA has always prioritised itself.. the self reliance gimmick is to prepare for a future where they don't have as much power as they used to.
They want to still have control over their land and resources, hence have started to pack & consolidate at home. It's as simple as this.
The worst case scenario is that you have to share the dominance with other blocks instead of being the sole power.
And yes, it was inevitable, enjoy till it lasts.
China does not need Russia or any other countries to counter the US
That's why the British, when had to leave colonial India and China, made sure there's a "McMahon line" border dispute. They did this with every colony, _for colonies to not unite against the colonizer_
He's not hurting nobody but us americans
Please explain how every US exports have tariff imposed on them but the US cannot do the same.
He's only hurting you IF you pay the tariffs! And if you pay them, you'll be paying America! If you don't WANT to pay the tariffs, don't buy cheap Chinese cr_p, and instead buy quality American made goods! Either way, it's YOUR decision, not Trump's!
@@kvmi1986 US exports, you mean from China/Taiwan?
@@ChasseurTueurthey tariff American cars, American equipment, American agriculture American, American energy. Do some research.
Everything will be even more expensive
In that case, the BRICS+ countries should impose 100% tariffs on US goods coming into their countries. One more thing, trying to make the Indian Rupee a global currency is an indirect way of de-dollarization, there's no sugarcoating that.
But US imports most of the goods. Specially from China. Are the people of US in acceptance to pay more for goods manufactured in their country? Where's the skill set?
Have you lost your minds? There is a *huge* difference in the dependency of Indian economy selling things in foreign market vs the (much smaller) economy of India buying foreign goods.
We don't like being pushed around? Fair enough. But get used to reality first, get in line, so you can start moving towards changing things.
Countries like India already takes 100% tarrifs on US goods, and China takes 60% tariffs on US goods. US takes only 5% or even less on the goods coming in from those countries.
Learn why the US dollar is the global trade currency in the first place, before you comment.
Lolz!! And the US calls itself a democracy while pursuing dictatorship internationally with every nation on the planet!!
@@GabbyKunga Exactly! Uninformed nincompoops spout inanities based on these one sided videos.
God Bless India and Indian Civilisation.
100% tariffs on BRICS. Nice. Now I think he should outlaw Hurricanes and ban traffic jams.
Don't put it past him.
He thinks he can go war all those countries well said
Too bad he doesn't have a convicted felon and drug addicted son that he could pardon, like, your hero Biden.
He can't outlaw hurricanes and ban traffic jams but he'll attempt to scare them away with tariffs.
Clearly you don't remember sharpie-gate, where he tried to determine where it was going.
Tariffs are a two edged sword, be very careful!
Not very careful when you threaten BRICS and NAFTA countries.
True. Guess a lot of it comes down to who is the biggest customer of who and who can take the financial hit the best..
Very true
American citizens pay for tariffs....
Yes, we already pay terrifs. Now it is time to recieve whatever we are charged. Attacking the dollar is tactical war move to destroy America. It won't work even if the dollar is destroyed, America will get strong again!
Trump should realise that Sanctions and high tariffs can go both ways. The US could be isolating itself. BRICS nations should place sanctions and high tariffs on US products. The world is tired of suffering under US bullying.
BRICS countries should only trade with BRICS countries the Americas market will shrink.
What products?, they export consumption...
That's what they do. China stopped importing US soy and drastically decreased importing their grain overall but rather import grain from Russia and Soy from Brazil and Argentina. Also China banned import on Spanish and French Pork and wine and Italian cheese as they vote for tarrifs on Chinese cars and solar panels.
Russia banned exporting of enriched Uranium to US and cheap but high quality Russian Uranium is creating about 20% of US electricity.
So basically US will start getting prices trough the roof next year and many things will not be available for everyone to buy even if they have money for it.
Not only BRICS nations, everyone everywhere, but the US and anyone who sides with them
@@marecare77 Mainly Boeing airplanes (though in doubt now) and agricultural products. And some high tech products related to chip industry.
@@David-p9y9c nobody want to lose the US market. The US buys the most consumptive goods. Everybody wants a bigger piece of the US market pie.
Its a free world , long live Brics!
I am from the US and this is just absurd. I can’t wait until I leave this country.
Do you need help leaving? I can help you pack anyday for free. Ill take your place and job. Thank you
Please do leave, and could you also take any like minded friends and family with you?
Stay out of Canada.
Bye Felicia 😂😂😂
Bye. America First!
Those increased tariffs will be paid by the American consumers
Don't tell it to them
Yes to keep our businesses alive. This benefits our local businesses. But yes it will increase the prices of products. But in the long run it will benefit America. We're losing all of our businesses to other countries, we're becoming overly reliant on their goods. Look at the products you have right now they're "Made in China".
@@Aninoire made in china with 100% tariff will still be cheaper than made in USA
We won't buy. Do without
American will be forced to produce their own goods remember
Too late mr trump. be careful the tariffs don't back fire.
I agree
I don't know I know many countries that have 100% tariffs on American Products. That why American doesn't sell so much out side of the country. If Trump put 100% Tariffs on products, American will simply by products else where. Pretty sure South American can product products if they are given a contract.. All this tariff noise is just noise.
Yeah Biden already ruined the US dollars reserve currency status by weaponizing swift
you realize this will only strengthen their economy by increase in entrepreneurship(within the US) and innovate more,right??
We'll support him regardless.
This response from the American is definitely the reason why countries should remove dollars and use open currency..... Countries do not deserve to be bullied by sanctions..... Support BRICS for supporting humanity...
This notion that the U.S. can threaten everyone into compliance, is going to backfire BIG TIME!
I've seen all this coming for some time, that's why when I retired, I moved to Ecuador.
We have our problems here, but nothing that threatens to leave me cold, homeless, or hungry.
It’s not the US. It’s one delusional man named Trump.
Really, look atr your country again and it's population, lmao
😂and u question china and india bro ? U have our 1 state population - 36 crore so imagine how southasian countries developing with that kind of population and u judge us @@CrazyDee279
@@CrazyDee279 "We have our problems here, but nothing that threatens to leave me cold, homeless, or hungry." I'd love to know your thoughts based on his post. "Really, look atr your country again and it's population, lmao" I'm lost!!!
The USA is being taken advantage of by many parties. What the USA has and continues to do for the world since WW2 has been taken for granted.
It's time for India to rebuild it's manufacturing industry, so that it can fullfil every demand from other BRICS nation after they ditch US products and services all together.
The demand is already fulfilled by China.
@@Peter-jl3qkIndia also can fullfill some service along with Egypt and Ethiopia. So we can stop western imperialism....
@@Peter-jl3qkNope chinese troll! Indian defense goods are actually in great demand & that's just one example. You people are trying to undermine India through your usual chinese tactics but will only fail
You are madly in love with global politics.
Yeah got humiliated enough when Russia asked to pay gas in chinese rmb
How the Americans are clapping and happy when he says I'm not raising your tax but the bric nations😂😂
It's so cringe to figure out the level of education here seems to be close to zero. 😢
Don't count all of Americans. Half of Americans did not want dump. I'm terrified at what he and conservatives want to do to this country. We will be destroyed as a nation.
@@zaydbehl594
I take it English is not your first language.
@mmxxiv392 english is language of barbaric colonisers
@@amandadassonville4043 even china but yet they are way above you all now...🤣 America must learn to accept the fact that they are already behind
whats the point if using the dollar when all products are made in china???
That's the point, ain't it? Maybe manufacturers will actually start making things in America again.
BRICS can sustain itself with a strong backbone. Let the countries do their choices...
Then why are they complaining? Because, the U.S. consumer is the stronger consumer. Economics 101. if you have a product to sell you need to sell it to those who consume and buy the most.
Just remember that briks are only 35 percent of world gdp
There’s not the r&d in that 35% to grow and without the west buying the products they will never grow, in fact they are likely to shrink
It's like when the robber threatens you with a weapon and gets mad at you because you use the same weapon to fight back. 😁
She calls it BRICS but then leaves South Africa out of the core group as if they recently joined along with the other nations! CORRECTION: South Africa was invited to join BRIC -- which was formed in 2009 -- in 2010, changing the name to BRICS. Other nations began joining 14 years later in January 2024.
Shes portraying South Africa as a lesser member in the formation of Bricks. Thats when i stopped watching the video
@@tselisehangmokotjo7605 sad to to tell you but SA is a lesser member. We barely have an army or a strong economy or any international strength. We don’t even have a university that’s in the top 100 in the world. So basically we’re poor, small, weak and stupid. Why must we be regarded with the top countries in the world?
@okuhtttf i get that, but i am referring to the formation of BRICS as an organization. Initially, it was called BRIC .. yes! But to say it was called BRICS before SA joined is a childish reporting
I don't think it's matter what she portrayed, the core member originally is 5, and south africa in it, the reason why brics summit every year circling in these 5 countries, so don't bother.
Yah that was not very smart of her
Im glad that after roughly 70 years of an unfair embargo towards Cuba, now the Cubans may be able to get away from under the US (and many of its allies that supported and took part of the embargo).
Obviously, these things take time, roughly 10-20 years to see real economic change in a country, but this is a great start!!!
I don't think Trump realize tariffs can work both ways,
"Make me a captain or else I will drop all 9 out of 11people from the football team "😂
Finally the sleeping giant wakes again !!!!
It won't work. The world is different from 4 years ago. He will have to change the language and the way he does business.
Wrong.
You couldn't be more wrong.
@@Kenya10-n5l Poor little fools.
He won't because he loves breaking things and blaming other people.
@@Kenya10-n5l You know that without the US you would wither up and die. You have sucked the teat of the US since the nineteenth century you are addicted to her milk and honey and you know it! Spare me the tough talk.
Why are we so stupid to let the billionaires rule us?
Because you are broke
Cause they write the law! They donate and the law changes 😂
Like the world spews. Money talks and BS walks 😂
OTHER COUNTRIES WON'T BOW DOWN TO TRUMP. HE'LL BE IGNORED.
want to bet?
When you have control of space, weapons and energy. You will bow.
Brother trust me , irrespective of your current age, by the time the dollarization happens, it wouldn't matter , because we both would have reached some old age and by then it wouldn't matter. Focus on the now issues.
@el7105 there's more of us than there are of you. 😊
@@Whyme103he is all fart no shit
Trump calling USA might make me laugh alot, not forgetting he was about to be assesnated back then
I’m not for The global team
I’m for free independent nations
We can still have free and independent nations in a global community. No one country has all the resources they need to manufacture everything they use.
#OneRaceHumanOneHomeEarth
Weaponizing your global economic influence makes your nation even more of a bully than before. Eventually, everyone comes together to stand up against the bully. The bully then loses all influence.
Yeah just like everyone came together to stop sex trafficking and murder and... Oh wait everyone never comes together.
Mercenaries exist, freelancers exist. Dog eat dog at the end of the day, morality is an illusion.
They have power, imagine if you have a power? luckly DT dont want to make war to other nations.
trump is the one fighting a global economy.... thats the whole point
@@user-wb1qo6ol4h How when all these countries immigrants are coming to the USA?
Tell your homies to stay home.
You kidding? A lot of these nations make money off the USA. Why won't a customer negotiate for better pricing and service??? Especially as the USA gives plenty of charities and monies to other nations. Which at this point, they should stop considering how these other countries are treating the USA. If India is such a great nation, maybe Indians wouldn't want to immigrate to the US. Same with Chinese people, etc. But that's not the case right? BRICS countries need the USA.
Either way the US is running into a debt repayment problem. If de-dollarization continues that threatens to balloon the debt. A tariff war will be costly but de-dollarization is worse.
Problem for US is that the only area that makes sense for them to tariff is the European Union whom mostly makes high quality and luxury goods. Americans don't need the more expensive European products, at least not the public, they can buy cheaper american versions. But Europe is also US closest ally.
The world has already dedollarized basically, they’re already basically went fully digital .
A debt that needs to be erased because it’s unnecessary. Money isn’t real and this entire system has been abused and that debt needs to be forgiven
@@KatrinaMelvintrying to completely forgive the debt bcs you once had the power to print unlimited money at the expense of others will complete break the faith In USD worsening the state of the dollar even further.
Ultimately, its gonna come down to either hail Mary attempts to save the USA economy or to negotiate with other players to accept an equal role.
@@KatrinaMelvin Money isn't real? Could you expand on that idea?
Fingers crossed, can't wait for Americans to pay for a cup of coffee 20$.
Coffee imported from Ethiopia, Indonesia, Brazil and Saudi Arabia... 😅
I drink tea and the tea leaves I purchase come from Hawaii. 😂
Wait till 300 million moffos also buy ur same tea .....
We are already in canada
@tablemasters616 sorry to hear that, I don't hate Canadians.
Asian market is the biggest market.. lets see who win 👍
@@IvyAnamani-hi9uu
The mighty US creation
Overpriced Iphone 😂
Ofcourse in term of exchange rate, they already lose. they want relax and easy money earning not just employment rate
just one american like Elon Mask plus ivile BIL Gates have much more money if we compare with all asian country
@@IvyAnamani-hi9uu quantity in itself has its own quality. Anyway quality can be perfected over time. Sheer quantity beats quality any day.
Example: 1 F35 will not stand a chance against 10 Chengdus. It may take down 5 but the 6th one will take down the F35. That is quantity for you.
Another example: It was the sheer amount of Red army soldiers that won the WW2 on the ground, not the quality machinery.
Beyond certain limit quality has diminishing returns, so quality will not help you after it served its purpose
Let's see if China can pass health expectations first! We know how y'all get down!
This motivation further pushes countries towards independence from the dollar.
It shows the downfalls of US Dollars.
True!!!!!! The Irony!!!!!!!!!!!!!!!
No one can destroy the Dollar, just no one, except the US. And they are actively doing so.
Tell me you don't know shit without telling me 😂😂😂. Trump is a billionaire he knows how the money is made he knows his moves, he wouldn't boldly declare such statements if he knows there is a greater risk.. it's his tariffs agenda.. and if you are from India or China you better brace yourselves for an economic crisis if you are planning to stay away from the dollar. Trump is literally taunting the other nations, if they raise the tariffs against the US it would simply create an opportunity for the US to be more reliable on itself instead of foreign goods, it will push entrepreneurship and more employment. America's economy can do that, china and India can't cause they are too dependent that for the next 100 years they will still be bootlicking the US dollar.
Correction downfalls of the Caucasian dollar, their currency is a counterfeit and not representative of the actual country of indigenous America , especially black people. Black people need to create their own currency everyone should use their own currency. That will fix the problem and make the economy fair again.
It's been a 1-2+ yrs the opposite is true, as US $ value & US Stocks have gone through the roof & almost all countries incldn, €, £, Indian, Cdn, Aus, etc all have slid down, go ahead, check it out
The truth!!! The truth!!! The truth!!! And thank you for telling the truth!!!❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
This whole BRICS situation is making me nervous. If Trump enforces a 100% tariff, it could destabilize the dollar even further. Inflation is already high, and I feel like my savings are losing value by the day.
A tariff like this could push BRICS nations to fully abandon the dollar, which might weaken its global dominance. I’ve been thinking about diversifying into international stocks and maybe even gold. The key is balancing risk with long-term stability
I’ve been managing my investments solo for years, but now, with all this uncertainty, I’m realizing I might need expert advice. My portfolio has been stagnant, and I’m worried I’m not positioned well for these kinds of global shifts.
Same here. I took a huge hit in 2020 and promised myself I’d never rely on guesswork again. That’s when I started working with Joseph Nick Cahill, a CFA with an incredible track record. He helped me rebound and even grow my portfolio by over $300,000 in just two months. He’s fantastic at navigating both short-term volatility and long-term growth.
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
A wise move, Inflation and a weakening dollar are no joke. I’ve seen friends lose thousands by chasing quick gains or relying on poor advice. You’ve got to avoid high-risk bets and diversify strategically.
It looks like Trump is blackmailing BRICS directly, but deep down he is 'begging' them, to keep US dollars in its No.1 position in the world's economy 😂😂😂
Yeah, on your knees and beg, Trump. No one is fooled by your fake tough guy act.
Trump doesn't beg anyone!
So true.
Yes ! He knows he just can't tariff the whole world
@@onlyroast1552 You just hide and watch until January 20, 2025 and you will see. How soon you forget but soon you will be sorry.
"An eye for an eye makes the world blind” - Mahatma Gandhi.
It conveys the idea that revenge is not the answer, and that seeking revenge can lead to more harm and suffering.
This beautiful quotes apply on brics nations vs west
BRICS+ is seen as a hedging vehicle for countries looking for alternatives to the West’s so-called rules-based order.
Gandhi was a racist
gandhi was an idiot who made indians weak
facck gandhi indians are fighters
Let me just say, in my life and career, I have either traveled in, lived in, or worked in 33 foreign countries. Believe me, the rest of the world can tolerate the isolation of the US from them better than the US can.
What makes U.S greater is the dollar... If it's weaken that country will be no more.
now some donald duck goof balls will come to cry under this post 😂😂😂
What makes U.S. Dollar greater are the products the US makes, especially in the field of Technology.
What makes us Economy better is that other countries wanna buy thier goods
@@Tovigonbar No American products are too expensive 😂
US rule the chip industry the most powerful technology for human kind….
"Trump and his tariffs, huh? Classic drama. Anyway, while the BRICS crew figure out their currency vibes, I’ve been sitting on my $98k emergency fund, itching to jump into investments but clueless about a starting point. Stocks, ETFs, or maybe even gold since the dollar’s getting some heat? Advice appreciated-preferably without the political circus! 😂"
$98k saved? That’s solid groundwork! But before diving into the wild west of markets, get a financial advisor. Mine gave me clarity when I was as lost as you sound, and trust me, their insight can save you from rookie mistakes. BRICS or not, strategy is key!
You’re both on point! I’ve got some savings too and NEED an advisor, but the ‘where to find one’ part has me stuck. Recommendations would be golden. I don’t want to end up with someone who’s all talk and no results.
"There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with Linda Aretha Reeves for some years now, and her performance has been consistently impressive. She’s known in her field-look her up."
Just looked up Linda Aretha Reeves-she seems like EXACTLY what I need to take my financial plans seriously. Thanks for the recommendation!"
I remember watching Linda Aretha Reeves at the Bloomberg Finance Summit a few years back. Her presentation was phenomenal-insightful, no-nonsense, and inspiring. Definitely worth the hype!
Weaponise the $ and are now crying and spitting the dummy when some countries say, actually keep your dollars.
The audacity to warn countries that has 40% of population and economy of the world!
America was build on blood during world wars and wants to keep that position!
This will come back to bite all Americans in the arse real hard one day.
One day? As soon as he puts the tariffs in place we feel it. The republican congress is already in total disagreement.
why, India charges 100% on American products sold in India China charges 40%, and America charges 5% it should be fair for the American producers
No it won’t smh,
@@KatrinaMelvingood luck with that inflation surge 😂
@@KatrinaMelvin 😂year right... this is what will happen "when trump impose those 100% tarrifs no body is gonna trade in the US markets. And what happens when there is excess supply in the country?" there will be a deflationary spiral. Producers/exporters will suffer, unemployment will increase, investors will leave...
This is the exact reason people wants an alternative.
India is the country holding BRICS back. India says it wants to be a power, how can it be a power when it's vulnerable to US sanctions due to its insistence on using the USD?
India is a puny power pretending to be a Super Power.
Yeah well Xi should stop providing those made in China submarines to his pals in Pakistan and perhaps look for a more productive relation with India.
Who wants the ruble yuan or ruppee? As a european I know the euro is not so bad but i ratherhave dollars the coming financial recession. China doesn't give a shit about other countries they are the same as every big country only for their own intetests
Stop pulling fake info out of your ass. India isn't holding BRICS back.
i don't think India is vulnerable to US sanctions. India diversify its investment and exports. On the other hand, China is in deep water because it is an export-based economy which is dependent on the west.
Trump will not put tariff India. actual decision making happening in background by his Cabinet.
Using dollar as a weapon created this problem. Such threats will make more countries to stay away from holding the USD in their reserves.
Currency wars are always and NORMAL. 19th Century Opium wars in China were to claw English pounds back into the British empire. which was suffering a huge currency drain over the Chinese TEA monopoly. Eventually they solved the problem by stealing TEA growing secrets from China and growing it in INDIA. And the Empire was saved.
❤😊
@@wekconan What about all the American debt owed to China. Will China accept to buyagain and again american bonds ?
Who would have known that Trump would be the key for BRICS to soar to new heights 👏👏👏
keep on dreaming
@jaguarenzo29 bwahahaha that was what am commenting before till Trump came along...
Totally facinating to me...yes, I get why BRIC is being challenged but why is Bitcoin being allowed? Cripto currency also reolacing US Dollar. Very similar to me...confused
Bitcoin is a speculative asset. Its become so expensive that using it as a currency is kind of self defeating and waste. Crypto is too highly volatile. You cant take a token inflate it and then exchange for money goods inside another monetary system without creating massive inflation. Crypto is bad for the current economy. Cant have people paid in one currency wages competing against a speculative asset. In many countries the government is the large employer. Is the government going to pay wages in Bitcoin? Bankers and government would prefer CBDC so they have control over peoples lives taxes digital id program money to expire and have levers of monetary power economic influence on market system.
This is the moment when BRICS shows it has balls ! - Dump the Dollar !
I agree to dump the dollar...but it would also ruin Brics countries economy....most countries rely on the USA to function...even banking systems run on the dollar
BRICS does not want to dump the US$$. Doing so would rock their own economies as well. Many nations still have billions$$ in loans, assets and Treasury bills. They will gradually begin trading less and less in US$ and more in their own currency, gold, or another commodity, which the two trading partners agree with. De-dollarization is a slow process unless the Global North decides to implement a CBDC and not use US$ themselves.
@@Wolf24150 nope. Russia is already sanctioned and they are doing fine.
@JohnHamilton932 not every country has a Putin
@@Wolf24150 there are better leaders than putin out there. USA is overestimating itself.
One thing I am sure off, it will back fire.
Its already backfiring because China stopped importing US grain and soy, replace it with cheaper ones from Russia and Brazil in their respective currencies. Russia banned selling enriched Urainum to US which is creating 20% of US electricity production. Honestly, you can expect prices to go trough the roof in US 2025 even though they;re already there since 2020.
Give him a chance, contrary to media vilification he is very successful businessman and now president elect for the second time.
@
You 100% correct
At least someone will be at the wheel 🛞
When two elephants fight it's the grass that gets trampled.
Grass gets trampled even if the elephants don't fight. I'd argue it gets trampled more if the Elephant lays down to take a nap.
You Indians have weird idioms.
African proverb😂
@@TreXsJournal-Coming-Soon lol
Trump is probaly bluffing , then on the otherhand , he has a been a lousy businessman with a number of bankruptcies over the years . His main acclaim is as a 3rd rate celebrity and a cheap con artist . His main contribution to the US economy is the employment of a massive amount of defense lawyers that keep him out of jail as he ripoffs America and sucks dollars off of MAGA fools.
USA taxes the rest of the world American consumers pay the price
This lady is really good at explaining things. Thank you.
She is great
Biased* 💀🙏
Palki sides with Zion1sts, like most Indians so no she is not based.
Sometimes, sure. But she is pretty biased most of the times @@tundebrazlik7679
Rich western countries should get down their high horses and try to see the real world.
The HIGH horse: wut? 🌿
Trump is scared of brics 😂
wanna bet on that?
Actually he is not scared.
From where I'm standing, he knows exactly what is aiming to accomplish.
Then why reacting 😂😂@@nilofc
Shouldn't everyone that values their freedom and human rights be concerned of dethroning the dollar and granting platform of global hegemony to the Communist Party in Beijing? Alas, in a perfect world people would be at least slightly educated on the 2nd biggest economy and what its government stands for; how that is reshaping a world into one less free and more authoritarian.
" !US President Trump reiterated his threat towards the BRICS nations , stating that countries that are part of this organisation would face 100 per cent tariffs on trade with the US if they continue their de-dollarization efforts. "
No one can change or stop the BRICS
really? wait and see
Block beetles are going to eat through those brics.
F around and find out
@@meovietnam000
yeah. brics+ includes most of humanity. and a higher ppp gdp than the g7.
If he threatened BRICS and India, we should avoid him
Any idea what the "i" in Brics stands for ?
😂P@@louneissen1603
@@louneissen1603 apparently not
@@louneissen1603
I'm sure he thought it stands for Iran
Call his bluff. His whole life he's made empty threats.
The problem is entire city of Bangalore is working for US companies that too for pennies and dimes.
tell them to not work you jeet
I remember back in 1989 when I was 5yrs old, my grandmother was still alive and she said, "Son, one day some people will waste their time reading your comment on something called facebook in the year 2024 and there's nothing they can do about it".
Fuck....there is 20 seconds I'll never get back!
"mighty dollar" Don't call yourself Mighty if you are the only player on the ground. According to you , you may make America great again if it was any true in the past, I'm not sure about that. Threats like this are is called "being Bully" just like shown in your movie , we call it Ragging over here.
Over the years you were the only player, now let others join the ground then show your might if you had any.
Everyone including you wants to earn , grow and move forward. Try doing that without pushing anyone backwards, if you say you are mighty you don't need to do that...😑😑😑
You know the US has allies right?
@@Whyme103 Allies? you mean VASSELS
@@Whyme103 Puppets 😂
@@therebelliousone1992 Allies would much rather be influenced by US than other countries with sinister motives.
@@Whyme103 -- Yes and all those allies are an aging population, where people are being heavily taxed, homelessness, and city infrastructures are falling apart. They have no money or weapons to help.
Stay the course BRICS. Level the playing field!
All these countries need to start paying the USA for the security the USA provides for their ships that are carrying goods to other countries across the high seas......NO country in the world pays for the security the USA provides which costs the USA tax payer $$$$$billions to provide the USA NAVY every year, which provides security so all ships are safe from pirates......all the USA has to do is not provide any security for ships that don't use the dollar and pirates will immediately start highjacking ships and as soon as that happens insurance companies will stop insuring ships which aren't protected and this will immediately stop those ships from sailing anywhwre.....so have a nice day and start paying the USA for security on the high seas or keep the dollar as your reserve currency which pays for security of your ships on the high seas.....
😂😂 the USD is the standard!.
@@mrdm1967ifywas 🤷 the greed of the west will be it’s downfall 😊
Yeah lady but the Brics population numbers mean absolutely nothing when 97% of them are living in standards that are less than our worst nightmares. Hence, they don't have purchasing power at all. Without purchasing power, you literally have nothing. BRICS countries should rethink their big populations as all they do is lower the per capita for all your people. It makes your people extremely poor.
Good move for de-dollarisation
It will cause America to wage a war against you be careful
Trump is not a shrewed policy guy. He reacts out of fear. These countries are uniting to put the brakes on the dollar.
What leveraging do he have. China owns most us debt. And with America outsourcing all of its good and manufacturing. How does he plan on hurting them? What will he do if they dont comply?
It'll force US buyers to look to other countries or start producing in the US. He is america fist, the world second. But people thinking brics is for them are wrong. You can't trust china who is the one leading the charge.
Not true. Most US debt is owned by US citizens and US corporations.
exactly
he's trying to impress the US neocons/deep state,before taking power on Jannuary 20 - he's been in office once before & he proved (at that time),that he was just a part of the swamp !
We don't have leverage. The reality is we have already lost the economic battle to China. It's literally game over already
He's about to do the worst possible thing he could do.
He is talking since US has Worlds Reserve Currency and all the central banks kowtow to US Feds (1913) which the wars have been about. Next one world currency, technocrats dream.
bla bla bla.... idiot why not change career into fortune teller?
Knows much more than you do.
@@Alltrippedno, he doesn’t. He’s a puppet for billionaires that benefit from cheap labor and oppression.
Everyone seems to understand tariffs except Trump.
China's Communist Party approves of this message.
The only way the American consumer is going to be hurt by these terrifs is if they were forced to buy these products at elevated prices. but since they can simply choose a different product, the only people hurt by the tariffs are the tariffed countries. This is simple stuff. I can't figure out if people who say that the American consumer is going to be hurt by these tariffs are stupid or they just think that we're stupid.
Hello
America is indirectly motivating India to speed up de dollarise
Trump is in delusion thinking that he can bomb of Tariff on other nations but no one will bomb him back 😂😂😂
We are holding the cards.... You're just too short to see the table.
Yall are going to do all of that over man made fake money? Smh
@@KatrinaMelvin tell that to Trump. He is willing to make his own people suffer for his ego. At least the other countries are trying to help its people.
I would like to thank my friend Donald DUCK😂😂