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Showing posts with the label trade war

BRICS Nation Unveils 5-Year Plan to Compete With US on Global Stage

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There has been no shortage of geopolitical tensions ravaging the global market throughout 2025. Indeed, nations are picking sides, with the West and Global South engaged in a major faceoff. That culminated this week with one BRICS nation unveiling a 5-year plan to compete with the US on the global stage. The United States and President Donald Trump have implemented foreign trade policy that has stoked the flames of conflict. Although a pause on several tariffs has been put in place, there is still an ongoing effort to reshape the global order. Specifically, through the multipolarity that the BRICS bloc has been chasing for years. Source: Rafael Neddermeyer Also Read: BRICS vs. US Dollar: Why 2025 is The Year It Happens or It Doesn’t BRICS Nation Set On 5-Year Course to Challenge US Dominance The United States has spent the first four months of the year shaking up global trade. Specifically, the returning Trump administration implemented protectionist policies that sought to balance tra...

De-Dollarization: Where Is the US Dollar Headed In The Next Two Years?

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President Donald Trump is busy imposing tariffs on nations. These tariffs have spurred global market instability, impacting the US markets negatively. This development has also compelled several nations to recoup and figure out a counterstrategy to continue working with the United States. At the same time, nations like China have counter-imposed tariffs on the US, sparking widespread trade war narratives. In its wake, a new development has caught pace, which is now impacting the US dollar, ushering in de-dollarization drives to take over the world. Will the dollar lose its status before Trump’s reign ends? Let’s find out. Also Read: De-Dollarization: Experts Predict Outcome Of Yuan Vs. US Dollar Trump Tariffs and De-Dollarization Source: Watcher Guru Trump continues to rake in headlines no matter what he does. For instance, the president has embroiled himself in an active trade war narrative by imposing strict tariffs on several nations. At the same time, Trump has recently ...

Is China Now Stronger Against Trump's Trade War Than in 2018?

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In 2025, the trade tensions between China and the US have intensified to unprecedented levels. President Trump’s recent imposition of 125% tariffs on Chinese imports has sparked some serious questions about China’s ability to withstand economic pressure compared to the 2018 conflict. Also Read: Sanctions on Russia Are Rapidly Accelerating De-dollarization How China’s Economic Strength and Trade Policies Have Evolved in 2025 Source: AP Photo/Mark Schiefelbein China’s Strategic Preparation Since the first trade war in 2018, China has been preparing for potential renewed conflicts. At the time of writing, these preparations are being put to the test in the ongoing Trade war. Marc Lanteigne, China’s expert at The Arctic University of Norway, states: “China has had a lot of time to prepare for a resumption of the trade war. They were caught a bit off-guard in 2018.” Unlike other nations, China responded immediately to Trump’s initial tariffs wi...

Best Crypto To Buy The Dip As Altcoins Crash After Trump Tariffs Ignite Trade War

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The crypto market plunged after US President Donald Trump slapped import tariffs on Canada, Mexico and China that spooked global investors. Trump imposed a long-threatened 25% tariff on almost all Canada and Mexico imports, as well as a 10% tariff on goods from China. These tariffs will come into effect on Feb. 4.  They are expected to mark the beginning of a prolonged trade war and worsen global inflation. Market leaders Bitcoin (BTC) and Ethereum (ETH) plummeted over 5% and 18%, respectively, in the last 24 hours. The rest of the top 10 cryptos all suffered steep 24-hour losses as well. pic.twitter.com/SWZtSm6NMX — Donald J. Trump (@realDonaldTrump) February 1, 2025 The valuation of the altcoin market plunged more than 7%, according to TradingView data .  Canada quickly related, its Prime Minister Justin Trudeau announcing that he will impose a 25% tariff on the $106.5 billion worth of US goods the country imports. China’s Ministry of Commerce said it ...