BRICS May Be in Trouble as Experts Project 'Tariff-Driven' US Dollar Surge
Although we are just two months into the year, geopolitical tension has reached a fever pitch. With the United States adopting an aggressive economic policy, a host of nations are concerned over a brewing trade war. However, it could work out in their favor, as BRICS may be in trouble with experts projecting a potential tariff-driven US dollar surge. Under the direction of US President Donald Trump, the nation is enacting a host of tariffs through new policy. Indeed, it is not only BRICS, as Mexico and Canada have suffered from the new administration’s effort to balance trade. In turn, it could have a positive effect on the US dollar. Source: NY Post Also Read: BRICS: 3 Nations Invited to 2025 Summit Amid Potential Expansion BRICS and Global Market Could See US Dollar Enjoy Tariff-Driven Surge Since his return to the White House, Donald Trump has sought to do away with decorum and delicacy. In an effort to balance the nation’s international standing, Trump had adopted increa...