Opinion
We lost Trump’s first trade war. We’ll lose the next one, too. | Opinion
Trade wars are not easy to win, and they are darned near impossible to win for rich countries that export commodities. We lost the last one and will lose the next one. And by “we,” I mean all of us, though the cost will be more heavily born by U.S. farmers and manufacturers who import parts to assemble here.
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Dollar Rises After Trump Warns of Tariffs Against BRICS
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Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency.
Trump threatens BRICS countries that move away from dollar
Despite calls from BRICS countries to adopt an alternate currency, the dollar is in no “immediate danger,” analysts said.
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