- Joined
- Aug 29, 2008
- Messages
- 26,231
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- 113
The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.
Just like how US banned Huawei from using Android. This loudmouth Trump will motivate BRIC countries to accelerate their plans
https://www.cfr.org/backgrounder/what-are-tariffswho the fuck is he kidding?
tariffs only hurt his own citizens....
https://www.cfr.org/backgrounder/what-are-tariffs
At the same time, tariffs can harm exporters, who may cut prices to hold on to their market share. If exporters do not cut prices, their products can become relatively more expensive, causing sales to slump. Both cutting and maintaining prices can cause profits to fall and potentially damage the exporting country’s economy.
The effect is particularly worrisome for countries whose economies are export-driven, including many of those in Asia. China became the world’s largest exporter in 2009, and Vietnam has become a hub for low-cost manufacturing exports. Some high-income countries, such as Germany, also rely on exports to support their growth. Companies in countries that depend on exports for growth can lose customers when hit with tariffs, resulting in strong economic headwinds. Some research has shown that U.S. tariffs have led to modest contractions in China’s economic growth, though the effects are difficult to measure since growth was already slowing before the tariffs took effect.
he's showing sign of panic; even the Mexican President told him to GGDFwho the fuck is he kidding?
tariffs only hurt his own citizens....
he's showing sign of panic; even the Mexican President told him to GGDF
.... tis's the latest member applying to join BRIC
beacon of hope ?.. tat's history; instead of helping the hundreds of thousand homeless n starving Americans, they chose to go round the globe financing n instincting countries to go warafter WW2 the US used to be a beacon of hope for mankind, they were everything that is good
dont know how the neocons managed to fuck it up
beacon of hope ?.. tat's history; instead of helping the hundreds of thousand homeless n starving Americans, they chose to go round the globe financing n instincting countries to go war