Archives Donald Trump - Page 15 of 21 - New Eastern Outlook

With the US president-elect Donald Trump threatening to impose 100 per cent tariffs on BRICS countries willing to create and join the BRICS currency framework, he is quite likely to end up accelerating the process of de-dollarization, putting an end to American financial hegemony. Only de-weaponizing the USD can halt this process.

China’s expanding economic and geopolitical influence in Latin America has become a significant challenge to the U.S.’s traditional dominance in the region.

Even before his inauguration, President-elect Donald Trump has been threatening neighbouring countries with tariffs and sanctions, straining relations and pushing Latin American nations closer to China.