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Showing posts with the label trade war

BRICS: US & China Agree to Tariff Pause, But Who's Next?

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Amid the concerns of a brewing trade war between the United States and the BRICS nations, the US and China have agreed to a tariff pause, with all eyes on who could be next. In early April, the Western country implemented a sweeping global 10% tariff on all nations. After Beijing reached an agreement for a 90-day pause, there was hope that a full trade deal could follow. China’s stand was one of the most influential in the entire BRICS alliance. Last month, the economic bloc agreed to remain aligned on its dealings with the United States regarding its import duty increases. Subsequently, there could be a string of signed agreements with various nations in the collective. Source: iStock Also Read: BRICS or the US? Saudi Arabia May Have Chosen a Side Amid the Faceoff US and China Reach Tariff Pause Agreement: Will Another BRICS Nation Be Next? The global economy received great news to start the week as the United States and China made notable headway on trade negotiations. US Presid...

Nvidia (NVDA) Retakes $114: Why Is Stock Surging Today?

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One of the big stories of the year so far has been the increasingly volatile stock market. Indeed, a host of mega-cap stocks have failed to live up to their 2024 expectations. However, Nvidia (NVDA) has surged, with shares retaking the $114 level, with many wondering why the stock is surging to such heights today. A massive part of its rebound has been the ongoing tariff debacle from the Trump administration. Specifically, US President Donald Trump announced sweeping 10% import duties on all nations on what he called ‘Liberation Day.’ After the market tanked, he announced a 90-day pause that saw Wall Street skyrocket. But is that all that has been driving Nvidia upward? Source: Yahoo Finance Also Read: Why Amazon Could Surpass Nvidia in AI Value by 2030 – Here’s How Nvidia Jumps More Than 18% in Massive Bounce Back: But Why? Although Nvidia was among the biggest gainers in the US stock market last year, things changed drastically in 2025. The stock failed to live up to its 1...

De-Dollarization: New Non-Traditional Currencies Are “Eating” The US Dollar

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The US dollar seems to be in great jeopardy from the start of the year. The year 2025 has ushered in great instability for the US economy, spurred primarily by the US’s rising trade war narrative. President Donald Trump is adamant about imposing tariffs on nations that do not comply with the trade norms laid down by the United States, sparking widespread volatility in the US dollar’s global status. This development has led to the US dollar falling, with nations pivoting to “non-reserve currencies” to save face. Will this phenomenon destabilize the USD to a greater extent and usher in de-dollarization? Let’s find out. Also Read: Gold to Surge 10.7% by May 2025 – Safe-Haven Demand Drives Price to $3,448.54 USD Erosion Continues To Gain Speed Source: Twitter / @CRYPTO_TAG The US dollar is declining rapidly, displaying shaky metrics amid a rising trade war narrative. Per an article by Kitco, the US dollar is gaining new competitors, contenders that are vying for its reserve curr...

De-Dollarization: Deutsche Bank Predicts The Future Of The US Dollar

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In an era where multipolar currencies are gaining global momentum, the US dollar is already under significant pressure to keep its reserve currency status steady. On the other hand, many countries are already in line to strip the US dollar of its current stature by either supporting de-dollarization or looking forward to transacting with other currencies. Trump’s tariff regime has further weakened the dollar, putting catalytic pressure on the currency. Will the US dollar finally be on the verge of breaking down? Also Read: Gold Remains Well Supported as Central Banks Continue To Buy Deutsche Bank Predicts US Dollar Doom Source: Watcher Guru Deutsche Bank, a leading financial giant, has predicted a new ominous prophecy concerning the US dollar. Per a new Bloomberg report, the bank stated how the US dollar may soon lose its “safe haven status” if it continues to weaken and face challenges against the changing global order. “We do not write this lightly. But the speed and scale of gl...