Name: Trump’s tariff threats may spur de-dollarization
Uploaded: 2024-12-07T06:48:45+08:00
Duration: 2 min 46 s
Description: Some experts are warning that Donald Trump’s threat to slap 100 percent tariffs on BRICS nations trying to move away from the U.S. dollar in international trade - could backfire. The nine-member alliance, which includes China, Brazil, Russia, and India,

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02:46

Some experts are warning that Donald Trump’s threat to slap 100 percent tariffs on BRICS nations trying to move away from the U.S. dollar in international trade - could backfire. The nine-member alliance, which includes China, Brazil, Russia, and India, has discussed such a move in recent years. But some think forcing the use of the U.S. dollar could actually accelerate a trend away from it. Toni Waterman explains.

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