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Goldman Sachs China growth projections have been revised higher after the surprise US-China deal to cut each other’s tariffs. The investment bank now expects China’s GDP growth forecast to rise to 4.6 percent in the year 2025 up from its initial projection at 4%. Currently, this development is coinciding with the easing of trade tensions and thus may help stimulate China’s economic recovery and market confidence. Also Read: Global Financial Authority IIF Endorses XRP as Swift Alternative for Payments Tariff Relief Boosts China’s GDP, Trade Outlook, And Market Confidence Source: Watcher Guru Key Forecast Revisions Source: Mint Goldman Sachs has also revised its China growth outlook to 2026 at 3.8% up from 3.5%. The revision is a sign of increasing optimism over China’s mid-term outlook despite still falling short of Beijing’s 5% target for 2025. Currently, the tariff reduction impact has managed to impact the financial markets instantly and with rather obvious positive implications...

The de-dollarization movement has seen steady growth over the last decade. The BRICS bloc of nations (Brazil, Russia, India, China, and South Africa), along with its newer members, such as Iran and the UAE, have expressed the desire to move away from the US dollar. The USD continues to dominate global trade, but the sentiment of the dollar reigning supreme is fading. Also Read: JP Morgan CEO Warns: 50% Chance of U.S. Recession in 2025 Will Tariffs Further Push The De-Dollarization Agenda? Source: Watcher Guru Tariffs lead to an increase in trade costs. The move could lead to countries looking for an alternative to a US-based system. This aspect of tariffs may lead to more nations moving away from the US dollar. Tariffs could accelerate the de-dollarization movement. Also Read: Top 3 Cryptocurrencies To Watch This Weekend While the threat of countries moving away from the US dollar is growing, President Trump has stated that countries attempting to push the de-dollarization movement wil...

The BRICS alliance is divided on the idea of replacing the US dollar with local currencies for trade and transactions. Countries such as India, Brazil, South Africa, and the UAE are slowly going soft on the idea of de-dollarization. Trump’s recent tariffs are the cause for backtracking as high tariffs eat into the revenue sheets of their imports and exports sector. The stock market crash is also making things worse as trillions worth of funds are being erased from the markets. Also Read: BRICS: China & Brazil Officially Announce to Trade in Local Currencies Not Every Country Wants to End US Dollar Reliance Source: AFP The proposal to end the US dollar dependency now hangs on a thread as one-third of the BRICS alliance is stepping away from the idea. Only countries such as China, Russia, and Iran are aggressively pursuing the de-dollarization agenda globally. Russia and Iran are reeling under sanctions and are desperate to break free to protect their respective economies. Also Read...

Bitcoin dropped below $100K after briefly touching $103K after its apocalyptic fall to $93K. This development was sparked by Donald Trump’s vigorous tariff deployment on Mexico and Canada, which briefly sparked a rising trade war. However, the heated political matters soon conclude, helping Bitcoin stabilize and gain momentum again. In the middle of this, will BTC continue to surge higher than ever? Let’s find out. Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Trump’s Aggressive Tariff Policy Commences Source: LA Times Donald Trump recently announced his plans to implement 25% tariffs on Canada and Mexico. This development has sparked a rising trade war between the nations, which, in the end, hit Bitcoin hard in the process. Soon after the announcement, Bitcoin plunged to $94K, as the rising trade war narrative started to gain steam. However, the development took a positive turn soon after when Canadian PM Justin Trudeau announced a new elemental change...

Donald Trump, the president-elect of the United States, is tightening efforts to curb de-dollarization. The Trump regime is stringent towards protecting the US dollar’s prestige and is now delivering warnings to nations that have been working in tandem to ditch the US dollar. As Trump issues a call to protect the USD, his strict stance has also been comprehended by analysts as a narrative that may backfire, pushing nations further to find an alternative currency instead of embracing the US dollar. Will alliances like ASEAN and BRICS succumb to this pressuring development? Also Read: Shiba Inu: New Forecast Claims SHIB Hitting $0.00007, Here’s When? Trump Warns Nations Ditching The US Dollar Source: Watcher Guru Trump, in his latest tweet, has issued a serious warning against nations that are building dubious narratives against the US dollar. Trump shared how he will be imposing 100% tariffs on BRICS nations that are building a new currency system to challenge the USD, putting a st...