BRICS Stuns the US With New Payment System Launch: Is This the End of Tariffs?
BRICS Stuns the US With New Payment System Launch: Is This the End of Tariffs?
By Ancient Craft
In this video, we explore President Trump’s forceful warning to the BRICS nations as they attempt to reduce their reliance on the US dollar in global trade. With the US dollar facing increasing competition from local currencies and innovative payment systems like BRICS Pay, tensions between the United States and emerging economies are rising. We dive deep into the political and economic implications of Brazil’s push for a multi-currency system, the integration of blockchain technology, and the growing financial autonomy of countries like China, Russia, India, and South Africa.
As BRICS countries ramp up efforts to create a decentralized financial system, including gold reserves and alternative payment networks, we analyze how these moves could challenge the US dollar’s status as the world’s primary reserve currency. Could the global monetary order be shifting towards a new multipolar system?
Here’s what others had to say:
@tomesplin4130
The Emperor has no clothes. The USA is on borrowed money and borrowed time…
@takata98
It doesn’t take BRICS to humiliate him… all he has to do is speak and he humiliates himself!.
@DawidRoos-y7g
What a joke….. I think we should all stop buying American products. Let them beg us to buy their crap.
@maureenbrennan7485
This is what happens when you threaten allies when you think you’re better than everyone else and when you use a tactic from long long ago already known not to work!
@priscillaferguson267
BRICS Alliance stand strong and united!! No one country can dictate policy and term for trade through coercion and threats! Show the Convicted Felon in the White House that you don’t need the U.S. or the EU to survive or thrive!!!
@janicerstone1872
This is what happens when the American dollar bully has pushed other countries one to many times. Empires rise.. and then they fall. Guess which empire is next?
@apollo8352
Using USD for trade is like giving the school yard bully your credit card. They run up debit with no ability to repay it… so who do you think looses using USD?
@Zaito63
Thank you China and all the other Brics countries. It’s time to be disconnected from Dollar system. Dollar is a dirty currency.
@1LoveDiversified4866
Funny how Brics is mostly all the countries like Saudi, india, UAE , russia , who he claims ” loves and respects him” bc they allow him to shake one hand while they smile together, but un be known to him these are real gangsters slicing his throat w their other hand while smiling at him not w him.
@elielee7364
The US$ is worth just the paper it’s printed on which is just 17 cents for $100 note. US is surviving on borrowed time and money. US spends much more than it earns and how long will this situation last? For the Global South, BRICS is its principal hope and future.
@rabokarabekian409
The U.S. economy accounts for roughly 26% of the global economy based on nominal GDP.
The United States population is equivalent to 4.22% of the total world population.
What’s the central tenet of democracy?
@PhindyParker
If they are mighty they shouldn’t worry about Brics, the world is tired of US and friends playing referee and boss, since they stopped the USAID suddenly the terrorists in Nigeria and other parts of the world dont have funds, people want to trade without being dragged into picking sides, making unnecessary enemies and fighting wars dont they dont want. People want to thrive and peace.
@hypolitej
The fact is that many countries are already conducting bilateral trade in their own currency bypassing use of the US dollar and this trend is only increasing.
@TshoganyetsoRutlokwane
Trump is not a dying horse but he kicks like one. His economics is against the whole world which does not toe the line. Sure the backlash can be devastating to the American people not to trump personally. He got Elon Musk to cushion him.
@RussianTimesToday
Global trade dynamics are definitely shifting, but the U.S. dollar still holds significant influence in international markets. While diversification of currencies is happening, it remains to be seen how this will truly impact the U.S. economy in the long run. Time will tell!
@barnabasracks2930
This country needs to learn how to peacefully coexist, or suffer the consequences of being isolated from the world. Intimidating and bullying other countries is not being very smart. Life, liberty and the pursuit of happiness is the right of every human being.
@andrewcunningham5215
So, to eliminate the USD, all we have to do is expose earths blood and how abundant oil is.
Oil wells replenish every 4 years, therefore, oil is an abundant resource.
@kevindonaghey8483
Hey brics nations America put tariffs on Australia’s steel products. I know Australia is not a brics country but we’d appreciate it if you would like to do trading with us for our steel products we need cheaper fuel and oil prices.
@dinomyte369
Believe it or not you guys right now we’re going through a strong dollar economy that means the dollar is not doing bad just for anybody that was under the impression that the dollar is just because the US government owes and might be in debt is not hindering the value or the strength of the Dollar. One thing that bricks might have over advantage wise over the dollar is the whole centralized snd dicentralized part where there is is obviously they’re trying to move towards a decentralized form of payment the US dollar remains a fiat, this could be a negative but for now the markets and the 4X is showing that we’re going to a strong Dollar right now I noticed because I’m trying to become a full-time swing trader and I’ve been observing the markets. On the same note if they move towards a fully decentralization form of payment as far as bricks, then their government won’t have any access or control over their money and I don’t know how that’s gonna work out but interesting to watch.
Original source: https://www.youtube.com/watch?v=EGzI8O7Tfec