Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts

Sunday, February 9, 2025

How To Tackle Trump

US has Trump as the new President.He has been threatening other countries with Tariff hikes etc.While threatening BRICS Nations with 100% tariffsTrump let others know what he fears most : DE-DOLLARIZATION. 
  It is known that UK,Japan,South Korea,Australia,Newzealand,Poland,Argentina & some EU Nations of the former USSR will support him. Some others have already bent their knees.
Other Nations have to : 
1.De-Dollarize
2.Use Gold or some other Currency for Trade.
3.De-peg Currencies from $.
4.Do not hold THE US TREASURY BONDs.
Countries desirous of a Strategic Partnership with the USA have to permanently hold $200 Billion in US Treasuries.India as of August 2024 holds $242 Billion and has a Strategic Partnership with it.