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BRICS, BRI, and U.S. Tensions for China

Fortress Hill AdvisorsPosted 2 months ago

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BRICS, BRI, and U.S. Tensions for China

BRICS can provide a political buffer but not economic, as BRICS are still searching for practical areas for cooperation. 

However, Donald Trump universal tariffs threats could focus BRICS on more intra EM trade. BRI has already helped to redirect China exports to EM countries, despite the slowdown in new lending to BRI countries.

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