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President-Elect Donald Trump on “the BRICS Countries [that] are trying to move away from the Dollar.” #economy #markets @realDonaldTrump #dollar #trade #econtwitter
![elerianm's tweet image. President-Elect Donald Trump on “the BRICS Countries [that] are trying to move away from the Dollar.”
#economy #markets @realDonaldTrump
#dollar #trade #econtwitter](https://pbs.twimg.com/media/GdqUqdzWIAAcujQ.jpg)
The Greater Idiblistan attack may be metastasizing into the First BRICS War.
As I mentioned yesterday, there's a risk Trump is making a miscalculation and now politicians in Canada are gearing up, thinking of how to retaliate on potential tariffs. This is not a good road to be going down.
Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila finance.yahoo.com/news/trump-tar…
"Sources say" let's not get too excited about this. 1. This would adversely affect US oil refiners, raising gas prices in the US...something the Trump administration says they want to lower. 2. The US oil industry would 100% not be in favor of this. 3. The US oil lobby…
🇺🇸🇨🇦🇲🇽 Trump plans 25% tariffs on Canadian and Mexican oil imports Tickers of interest: $CL Full Story → app.piqsuite.com/reuters/exclus…
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Philip Daniele, the CEO of AutoZone, $AZO, has stated unequivocally that if Trump tariffs are imposed, consumers will bear the expense. On a recent earnings call, Daniele said, “If we get tariffs, we will pass those tariff costs back to the consumer.”
🔥 Mark my words… 2025’s edition of Inflation-Twitter is going to be best yet.
Trump will convince Europe to be hostile against China. It went from Russia to China.
Japan and China are dumping US Treasuries: In Q3 2024, Japan sold a net $61.9 billion of Treasuries, the most on record. This was the second consecutive quarter of selling after $40.5 billion in Q2. At the same time, China dumped $51.3 billion, the second largest amount ever…
*LANE: WE ARE IN A CYCLICAL RECOVERY PHASE If this is a recovery, hate to think what a recession in Europe looks like $EUR
Japan, US to form missile plan in case of Taiwan emergency, Kyodo says reuters.com/world/japan-us…
The nomination of investor Scott Bessent as US treasury secretary is seen as a relief to Wall Street. His understanding of markets is expected to reduce the risk of severe tariffs reut.rs/41jIk95
Republican Senators warn Canada, Britain, Germany, France: Help ICC, we crush your economy forexlive.com/news/republica…
You have to be cautious with those in the West who continue to praise Argentina. The Argentine Peso (#USDARS) has surpassed 1000.0 and is currently trading at 1004.0, reflecting the ongoing economic challenges.
The big question surrounding Trump's 2.0 presidency is whether he will pressure Europe to adopt a hostile stance towards China on trade. If Europe again succumbs to American pressure, it risks further undermining its own economy, digging its grave even deeper in the process.
This sell-off of the Euro is creating opportunities in other FOREX pairs.
BRICS progress is likely to slow over the next four years as member countries seek to maintain good relations with the U.S. under a Trump presidency.
🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 - BRICS states showed little interest for Moscow's plans to launch BRICS Bridge at the Kazan summit - in my latest for @ForeignPolicy I explain why Russia is so keen to build BRICS financial schemes and how doing so will be easier said than done foreignpolicy.com/2024/11/18/bri…
🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 - BRICS states showed little interest for Moscow's plans to launch BRICS Bridge at the Kazan summit - in my latest for @ForeignPolicy I explain why Russia is so keen to build BRICS financial schemes and how doing so will be easier said than done foreignpolicy.com/2024/11/18/bri…
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