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RE: LeoThread 2025-02-16 22:47

in LeoFinance5 months ago

Part 4/10:

Moreover, Trump’s tariffs have drawn retaliatory responses, particularly from Canada, which has already vowed to impose countermeasures. The already delicate trade relationships with China, Brazil, Russia, India, and South Africa—the BRICS nations—are further strained as Trump issues threats of new tariffs unless these countries agree to curb proposals for establishing alternative currencies.

Understanding Tariffs: Mechanisms and Historical Context