A threatened 10% U.S. tariff on countries siding with BRICS sparks urgent global trade negotiations and immediate market volatility. Emerging market currencies and stocks drop as exporters fear losing U.S. access. The U.S. rushes to shift supply chains away from BRICS, raising costs, inflation, and the risk of retaliatory tariffs. Instead of weakening BRICS, the move could accelerate global economic fragmentation and push BRICS to speed up de-dollarization.
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Do you agree with President?
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