BRICS: US Dollar Falls Amid Growing Trade War Fears
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The US dollar has continued to decline as geopolitical tensions and trade war fears intensify. The BRICS bloc appears to be benefiting from this situation. President Trump’s previous threats to impose high tariffs on the alliance due to their de-dollarization efforts did not materialize, but his trade policies have negatively impacted the global reserve asset. The global economy remains concerned amid these developments.
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