Trump’s 150% Tariffs Threat to BRICS Backfires - BRICS Surprised US with New Payment System - Made with Clipchamp - video Dailymotion

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In this video, we break down how Trump’s 150% tariff threat on BRICS countries has unexpectedly backfired, leading to a major shift in global trade dynamics. Discover how the BRICS nations—Brazil, Russia, India, China, and South Africa—responded with a groundbreaking new payment system designed to bypass the US dollar and challenge American economic dominance.  Stay tuned to learn what this means for the future of international trade, tariffs, and geopolitical power struggles. Don’t forget to like, share, and subscribe for the latest updates on global economics and political developments!  Keywords: Trump tariffs, BRICS payment system, US trade war, global economics, international tariffs, BRICS nations, US-China trade, new payment system, geopolitical news, economic sanctions

Transcript

00:00BRICS is expanding, and its cloud looks to be growing.

00:04The block of developing economies wants to counterbalance Western-led institutions, but

00:08can it reshape the financial world order?

00:11We start at the White House, where President Donald Trump has threatened the BRIC nations

00:15with 150 percent tariffs if they try to undermine the U.S. dollar.

00:20Trump's new art of the deal playbook, threatening steep tariffs as an act of diplomacy.

00:26The BRICS coalition, Brazil, Russia, India, China and South Africa, has long sought to

00:44counterbalance Western-led institutions.

00:47Now, as the block expands and introduces new financial strategies, it poses an even greater

00:52challenge to the dominance of the U.S. dollar.

00:55But can BRICS truly reshape the financial world order?

00:58And how far will the United States, especially under Donald Trump, go to prevent it?

01:04The U.S. strikes back.

01:06At the heart of this global power struggle is Washington, where former President Donald

01:10Trump took a hard-line stance against BRICS.

01:13His latest warning?

01:14A staggering 150 percent tariff on any BRICS nation that even hints at undermining the U.S.

01:20dollar.

01:21First thing I said is any BRICS state that even mentions the destruction of the dollar

01:24will be charged a 150 percent tariff, Trump declared.

01:28Before we dive in, make sure to subscribe to the channel and turn on notifications, you

01:33do not want to miss out on breaking news, like this alright let's get it.

01:36The U.S. has historically used trade restrictions as a weapon, targeting adversaries and allies

01:42alike.

01:43But this time, Trump is focusing on BRICS and their efforts to create a new currency.

01:48The BRICS Financial Ambitions.

01:50The BRICS countries are openly discussing alternatives to the dollar-dominated financial system.

01:55A major topic at the 2024 BRICS summit in Kazan, Russia, was a potential gold-backed currency

02:01known as the unit.

02:03Russian President Vladimir Putin even appeared on stage holding a prototype of a possible

02:07BRICS banknote.

02:09The goal?

02:10To reduce reliance on the dollar, which currently accounts for around 90 percent of all global

02:15currency trade.

02:16As recently as 2023, nearly all oil transactions were conducted in dollars.

02:21However, a shift is underway, about one-fifth of oil trade is now being settled in non-dollar

02:26currencies.

02:28If BRICS succeeds in launching an alternative reserve currency, it could lead to significant

02:32de-dollarization.

02:34This means reduced global demand for the dollar, potentially shaking up financial markets and

02:39U.S. economic dominance.

02:41Trump's Harsh Response.

02:43For Trump, this isn't just an economic issue, it's a direct challenge to U.S. power.

02:48He made it clear that BRICS would face severe consequences if they pursued this path.

02:53If BRICS plays games with the dollar, they'll be hit with a 100 percent tax.

02:58If they go further, 150 percent, Trump threatened.

03:02He even suggested cutting off U.S. trade ties with BRICS nations entirely.

03:07His aggressive stance echoes previous tariff wars.

03:10But this time, it's not just about China or Mexico, it's about a growing coalition of

03:14nations challenging the entire Western financial structure.

03:18Can BRICS really compete with the dollar?

03:20Despite BRICS' bold ambitions, many experts remain skeptical about whether they can truly

03:25rival the dollar.

03:26A study by the Atlantic Council Center for Geoeconomics found that the dollar remains

03:30the world's primary reserve currency, far outpacing any potential competition.

03:35Trump himself dismissed BRICS' influence, claiming his tariffs would render them irrelevant.

03:41I haven't heard anything from BRICS since I issued the tariff warning.

03:45Maybe they disbanded, he said mockingly.

03:47However, not everyone shares his confidence.

03:51European diplomat Reinhard Butikhofer sees BRICS' expansion as a direct threat to Western

03:56economic dominance.

03:58BRICS is becoming increasingly confrontational toward the West.

04:01If Europe doesn't act, many developing nations may shift toward BRICS for economic stability,

04:07Butikhofer warned.

04:08China's Strategic Role in BRICS China plays a leading role in shaping BRICS' agenda.

04:14With the world's second-largest economy, Beijing is keen to expand BRICS' influence as a counterweight

04:19to Western power.

04:20But China's dominance within the bloc has caused tensions.

04:24India, for instance, has a complex history with China, marked by border disputes and competing

04:29regional interests.

04:31India's government remains wary of China's Belt and Road Initiative, viewing it as a tool for

04:36Beijing to expand its geopolitical influence.

04:39China's growing control over BRICS also raises concerns in Washington.

04:43The U.S. sees BRICS as an economic threat but also a geopolitical tool for China and Russia

04:48to push their global agendas.

04:50Cuba's entry into BRICS A new challenge to the U.S.

04:54Perhaps one of the most surprising recent developments is Cuba's inclusion in BRICS, strongly supported

04:59by Russia's Vladimir Putin.

05:01For Cuba, joining BRICS provides an opportunity to escape decades of economic isolation imposed

05:07by the U.S.

05:08For over 60 years, Washington's trade embargo has crippled Cuba's economy.

05:13Now with BRICS membership, Cuba can access alternative financial networks outside of U.S. control.

05:20However, this move has undoubtedly put Cuba in Trump's crosshairs.

05:24If Trump returns to power, Cuba could face even harsher economic measures, potentially

05:29including the same 150% tariff threats aimed at other BRICS nations.

05:34The Future of BRICS Versus The U.S.

05:37As BRICS continues to expand and challenge Western dominance, the global financial landscape

05:42is at a crossroads.

05:44Will BRICS succeed in creating a real alternative to the U.S. dollar?

05:48Or will the U.S., through aggressive economic policies and trade restrictions, keep its grip

05:53on the global financial system?

05:55One thing is certain, this economic battle is far from over.

05:59Whether through new trade wars, currency shifts, or strategic alliances, the power struggle

06:04between the U.S. and BRICS will shape the future of global finance.

06:08Stay tuned as this high-stakes economic showdown unfolds.

06:23Thistable

06:38that you will see in endeavor and re에도 at the bottom of the world.

Trump’s 150% Tariffs Threat to BRICS Backfires - BRICS Surprised US with New Payment System - Made with Clipchamp

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