Donald Trump
The US dollar now seems to be in danger. The USA currency has started weakening and countries like India-China are getting stronger. We are not saying this, but the expert believes. American economist Zerald Caleste said that the US dollar is now weakening. President Trump’s currency conditions are going bad, whose trends have started coming through experts.
According to a Business Today report, Cuba-American journalist in a podcast with Rick Sanchez, Salent was asked about India’s decision to buy oil from Russia, he said that India is now becoming more self-sufficient. They make and buy their own products, like earlier in America.
Calent believes that America is losing its global economic strength. He said that earlier China did not have heavy industry or high-tech capacity, but now it is a leader in the world in this matter. Look at electric vehicles. This means that they are also becoming more self -sufficient. This has come at a time when America has imposed 50% tariff on countries like India and Brazil, because India is buying oil from Russia. This has increased tension between Washington and BRICS countries.
America should stay away from other countries case
When Salent was asked why America interferes with the decisions of other countries, he angrily said how to tell the US to tell others what to do? He believes that America should not leg in the economic decisions of other countries. Calent also described the future of the US dollar as bad. He called it a dollar death and in 2018, the cut in interest rates during Trump in 2018 called a reason for this. He said that the economy is going down. The dollar’s death has started. BRICS countries are also trying to reduce dependence on US dollars. They want to create a new financial system so that their dependence on Western institutions like IMF and World Bank is reduced.