World News

398 readers

509 users here now

Rules:

Be a decent person
No spam
Add the byline, or write a line or two in the body about the article.

founded 2 months ago

MODERATORS

Deceptichum@quokk.au

Grainne@lemmy.dbzer0.com

PhilipTheBucket@ponder.cat

216

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar (apnews.com)

submitted 3 weeks ago by TheKetchupSong@lemmings.world to c/world@quokk.au

87 comments fedilink hide all child comments

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

you are viewing a single comment's thread
view the rest of the comments

[–] StraponStratos@lemmy.sdf.org 63 points 3 weeks ago (2 children)

I’m sure this will help drive BRICS closer together as they feel attacked by America. Allowing Russia to poach powerful allies away from the US.

Trump must be Putins greatest dream.

[–] jonne@infosec.pub 29 points 3 weeks ago

Yeah, Trump ending the dollar as the reserve currency would be a fitting legacy.

[–] winterayars@sh.itjust.works 12 points 3 weeks ago (1 children)

Yeah it would be extremely funny (and probably bad) if he accidentally own-goal'ed this.

[–] mdd@lemm.ee 9 points 3 weeks ago (1 children)

Accidentally?

[–] orcrist@lemm.ee 2 points 3 weeks ago (1 children)

Yes of course. What do you think Trump wants? He wants people kissing ass, he wants groveling, he wants adoration.

Everything else that he does is clearly designed to get that, and if it has side effects, he just doesn't care, because he's too powerful to care.

[–] obviouspornalt@lemmynsfw.com 5 points 3 weeks ago

He also wants inflation, as that reduces the real value of the debt on his real estate holdings.