Protectionism is never a good option for the population in general. For the people close to the power that can maintain its bussines without having competitors is good.

It will be nearlly imposible for the BRICS to have a functional currrency. The EU with developed economies and economic enviroments and objectives more or less alligned have huge problems to maintein the EUR, imagine what would be to manage a currency for the BRICS

This tweet is another sample of the schizophrenic-populist policies of Trump. He said during the campaign that wantes a weak dollar to impulse usa's industry (which might make sense) and now this... PICK A LANE!!!

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The idea in his mind is that to avoid tariffs, companies will leave their current country and set up company in the USA so as not to lose the North American market, someone commented… any way, fasten your seatbelts