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Showing posts with the label tariffs

Weaponization of the U.S. Dollar & Global De-dollarization

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The weaponization of the U.S. dollar has become a hot topic in international finance right now, especially after the United States took the dramatic step of freezing about $300 billion of Russian foreign exchange reserves back in 2022. This bold move has set off a chain reaction of currency market volatility and has got many countries seriously questioning U.S. dollar dominance in global trade. At the time of writing, we’re seeing more and more nations actively looking for ways to reduce their dependency on the American currency. Also Read: Trump Moves to Impose 100% Tariff on All Foreign-Made Films How De-dollarization is Affecting Global Markets and Investments in 2025 Source: unimoni.in Dollar Weaponization Through Sanctions Since the Cold War period, the United States has used dollar payments together with their financial network for economic sanctions against nations whose interests differ from American policies. The practice began during the 1950s when the Soviet Union and N...

De-Dollarization: BlackRock CEO Speaks On US Dollar's Future

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There is no denying that the US dollar has seen a gradual decline in global dominance. The de-dollarization movement has taken substantial hold over international trade. China is one of the most significant advocates for bringing a dollar alternative to the international table. BlackRock’s CEO also shed some light on the developing situation. Also Read: Shiba Inu Prediction: AI Sets SHIB Price For April 25, 2025 BlackRock CEO Speaks On The Future Of The USD Source: Fox Business Higher interest rates have ballooned the US federal debt. President Trump has taken a strong stance against America’s growing debt. The current US debt is around 120% of the total annual economic output. This development could further push the de-dollarization agenda. It could also lead to the US losing its economic dominance. According to BlackRock CEO Larry Fink, “ If deficits keep ballooning, America risks losing that position to digital assets like Bitcoin. “ Also Read: Top 3 Cryptocur...

Trade War Begins: 3 Things Investors & Entrepreneurs Need To Know

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Donald Trump and his regime are quite particular about levying tariffs on nations. The president’s aggressive tariff policies have taken the world markets by surprise, pressuring nations to comply with the US at all costs. This has, in turn, sparked trade war narratives, with nations imposing counter-tariffs on the US, giving more fuel to conflicting economic development. This narrative is bound to hinder the economic status of nations and may propel investors to change course to protect themselves and their assets from further harm. Here’s a list of three pieces of advice, or pearls of wisdom, as one should always have in times of such dramatic economic distress. Also Read: De-dollarization: China’s 10-Year Plan Now OPERATIONAL as Yuan Usage SURGES 3000%! Three Points for Each Investor/Entrepreneur to Keep in Mind as the Trade War Begins The US and China are currently engaged in a heated trade war. While other countries have approached Trump to hold talks about resolving th...

‘Rich Dad’ R. Kiyosaki reveals his strategy for ‘D.O.G.E. Chainsaw Massacre’

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In an X post published late on Sunday, April 7, the prominent investor and author of the best-selling book ‘ Rich Dad Poor Dad,’ Robert Kiyosaki, gave a strange yet strangely appropriate name for the second Trump administration’s economic policy: the D.O.G.E chainsaw massacre, or, as he put it, ‘DOGE CHAINSAW MASSACRE.’ In the same tweet, Kiyosaki also revealed his strategy for weathering the storm and thriving as it unfolds and after it is over – no matter its eventual impact. Specifically, the author plans to continue building his own ‘standard’ based on Bitcoin (BTC), gold, and silver. Indeed, the prominent investor has been bullish about cryptocurrency and the two commodities for years and has frequently recommended that his followers buy the three assets. In late 2024, Kiyosaki even went as far as to urge his fans to sell their homes to buy BTC. Furthermore, the approach proved rather successful last year, and the focus on the three assets was relatively fru...

BRICS: China & Brazil Officially Announce to Trade in Local Currencies

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BRICS members China and Brazil officially announced to settle payments in local currencies to reduce dependency on the US dollar. This comes after China imposed an additional 34% tariffs on all US goods entering the country in a countermeasure to Trump. Several countries are expressing their displeasure against the US tariffs and finding alternatives to the dollar to safeguard their economies. Also Read: BRICS: New Country Rejects National Currency for Oil, Demands US Dollar In addition, China also announced the restriction of local companies from investing in the US. The move stops the inflow of funds to the US making the markets slow down. The US could lose billions worth of institutional investment from China as a countermeasure to Trump’s tariffs. Read here to know how many sectors in the US will be impacted if BRICS uses local currencies for trade. Also Read: BRICS Considers New Financial Options For Trade Settlements JUST IN: China to impose additional 34% tariff on US g...

Arthur Hayes: Trump Tariffs Good For Bitcoin As Governments Print Money To Offset Pain

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BitMEX co-founder Arthur Hayes says that Donald Trump’s tariffs are good for Bitcoin (BTC) because the government will offset the economic pain they cause by printing money. “Some of y’all are running scurred, but I LOVE TARIFFS,” he said i n an April 3 thread on X. ” Global imbalances will be corrected, and the pain papered over with printed money, which is good for $BTC .” Arthur Hayes Tells Traders And Investors To Be Patient Investors just need to be patient, said Hayes, as governments across the globe start to print more money, subsequently introducing more liquidity that could flow into the crypto market. The BitMEX co-founder noted that the US dollar is weakening while offshore investors sell US tech stocks. He believes that this could benefit BTC and gold over the medium term. The $ is weakening alongside foreigners selling US tech stocks and bringing money home. This is good for $BTC and gold over medium term. pic.twitter.com/XzRcxOaJ...

Metaplanet Plunges 8% Amid ¥2 Billion Bitcoin Plan, Market Jitters Over Trump’s April Tariffs

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Metaplanet stock plunged 8% after unveiling a ¥2 billion ($13.4m) Bitcoin purchase plan, as markets brace for for US President Donald Trump’s April tariffs. Google Finance data shows that Metaplanet stock traded at ¥401 as of 2:05 a.m. EST following the recent drop. Metaplanet Announces ¥2 Billion Bitcoin Purchase Plan Earlier today, Japan-based investment firm Metaplanet announced the issuance of its 10th Series of Ordinary Bonds worth ¥2 billion. According to a March 31 announcement shared on X today, the firm plans to use the proceeds to buy BTC. The zero-interest bonds are scheduled for redemption on September 30. *Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ZrC5plI1Nc — Metaplanet Inc. (@Metaplanet_JP) March 31, 2025 Metaplanet’s decision to buy more BTC comes as the crypto market leader saw its price drop over 1% in the last 24 hours to trade at just above $82K. This correction pushe...

US Gas Prices Drop for Third Consecutive Week, Hit 4-Year Low

US gas prices have fallen for the third consecutive week, now sitting at a four-year low. The price of gasoline now sits at an average of $3.03 per gallon. Several analysts credit uncertainty over the state of the economy, including President Donald Trump’s tariffs, as the reason behind the drop. JUST IN: US gas prices drop for the third consecutive week, reaching a four-year low. — Watcher.Guru (@WatcherGuru) March 11, 2025 The price of gas fell 0.6 cents from last week’s average of $3.04, and is down 8.9 cents from one month ago and 36.7 cents from a year ago, according to a GasBuddy report. Patrick De Haan, head of petroleum Analysis at GasBuddy, said in a press release that caution around potential tariffs is “likely having a moderate impact” on prices. “Concerns about the direction of the economy could have a major influence on fuel prices in the months ahead, especially with the high level of uncertainty surrounding tariffs. Gas Prices to Continue Dropping, Analysts Predict De ...

Crypto market wipes $80 billion in 24-hour crash

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On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion. The upswing – triggered by President Donald Trump’s latest strategic crypto reserve announcement – proved ephemeral and was cut short by none other than Trump himself. BTC one-week price chart. Source: Finbold Specifically, the commander-in-chief announced that the 25% tariffs on Mexico and Canada would go into effect while adding another 10% to the dues already imposed on China.  Picks for you Bitcoin bull market will be over if this happens, according to expert 43 mins ago Here’s how much an early 2025 investment in Robert...

BRICS: Goldman Sachs Predicts US Dollar Will Experience a Boom

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The BRICS alliance might not be able to deter the US dollar as Goldman Sachs predicts the currency could experience a tariff-fueled boom. Currency traders could make stellar profits if they take long positions on the USD, wrote the global investment bank. Tariffs from the Trump administration could bolster the appeal for the greenback leading to further gains, the note from the bank read. Also Read: Brazil Plans To Reject BRICS Currency If the US dollar continues its rise in the charts, BRICS will have a hard time safeguarding their respective local currencies. The development could derail the de-dollarization agenda and lead to the greenback strengthening further. The USD faced severe challenges from BRICS who were looking to dethrone it from the world’s reserve currency status. Also Read: De-Dollarization: Economist Predicts the Future of the US Dollar BRICS: Tariffs Could Fuel US Dollar Boom, Says Goldman Sachs Source: Reuters The escalating trade wars could benefit the US doll...

Ethereum: Eric Trump Says It's A Great Time To Add ETH

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Ethereum (ETH) may be the current crypto of choice for America’s most powerful family. US President Donald Trump’s son, Eric Trump, took to X and said, “ In my opinion, it’s a great time to add $ETH. ” In my opinion, it’s a great time to add $ETH. — Eric Trump (@EricTrump) February 3, 2025 Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Shortly after Eric Trump’s X post, cryptocurrency Analysis firm LookOnChain reported that Trump’s World Liberty Financial bought 1826 ETH, worth $5 million, today. Trump's World Liberty(@worldlibertyfi) bought another 1,826 $ETH($5M) today. World Liberty has bought a total of 61,114 $ETH($205M) at an average price of $3,354, with a loss of $31M! Today, World Liberty also transferred 86,296 $ETH($235M), 647 $WBTC($65.5M), 256,315… pic.twitter.com/Oerqt5TaoX — Lookonchain (@lookonchain) February 4, 2025 Is Ethereum Rallying Because Of Trump’s ETH Purchases? Source: AscendEx ETH is up 7.3% in th...

VeChain (VET) Predicted To Hit $0.11: Here's When

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VeChain (VET) has faced a massive price dip today. The asset is down 20% in the daily charts, 21.3% in the weekly charts, 31.1% in the 14-day charts, and 33.2% over the previous month. Despite the correction, VET has rallied 18% over the last year. Source: CoinGecko Also Read: Trump’s 25% Tariffs Trigger Oil Price Spike—But a 40% Crash Could Follow Why Is The Cryptocurrency Down? Source: Watcher Guru VET’s latest correction comes after Bitcoin (BTC) fell to the $95,000 level. The global crypto market cap has also dipped 9.1% in the last 24 hours to $3.24 trillion. VeChain (VET) follows the market downtrend. The cryptocurrency market took a hit after US President Donald Trump announced new tariffs for Canada and Mexico. President Trump also plans to levy heavy tariffs on the European Union. The US dollar also gained over the last few days. Investors are likely worried about investing in risky assets. Also Read: XRP & Litecoin Price Prediction Following ETF Approval VeChain Predicte...