Trump: BRICS was setup to degenerate our dollar
CNBC Televisionยท2025-07-08 16:55
Trade Deals & Tariffs - Numerous trade deals are expected, favoring the US [1] - The US is adopting a tougher stance, leading countries to offer better terms [2] - Some countries are offering total access with no tariffs [3] - The US aims to collect money from countries perceived as taking advantage [4] BRICS & Dollar Standard - A 10% tariff may be imposed on BRICS member countries [5][6] - BRICS is viewed as a potential threat to the US dollar's dominance [5][7] - The US intends to maintain the dollar as the world standard [7][8][9] - Losing the dollar's world standard status is equated to losing a major war [8]