Is the Dollar Losing Power? A Look at Global Trade Shifts

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Since Donald Trump became president, the global atmosphere has become increasingly tense. Especially with the trade war, Donald Trump has imposed tariffs on many countries, causing significant problems. In many countries, some small companies have even closed down. The United States is a major importer and exporter, importing and exporting heavily. This is what angers Trump. He wants America to produce its own products. But look, all this can't be achieved overnight; many things have to be taken into account. But perhaps Donald Trump is someone who doesn't care about everything; he's only interested in imposing tariffs, and this is having a significant impact on the economies of all countries.

And especially the people of America are suffering the adverse consequences of this because whenever a tariff is imposed, any goods or services provider in America will have to sell their products at a higher price, and as a result, American citizens will have to buy things at a higher price, so the common citizen will be the one to suffer. And many countries have found a solution to this, and many people are now stopping trading in the dollar, and this is a matter of great concern for America's future.

China, Russia, and India, in particular, are strongly opposing these tariffs, unconcerned with the US tariffs. Initially, many countries accepted the US tariffs, but India countered with China's proposal of 20%. After that, the US struck a deal with China. India is now deeply upset because the US claims it has purchased significant quantities of oil from Russia, funding Russia's war. The reality is far worse. It's not just India, but many other countries that are also purchasing significant quantities of Russian goods, and the US also trades with Russia in one way or another. However, since the US is a powerful country, it doesn't care about this, and because of this, many people are suffering the consequences.

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