Hey there! Did you know that countries often trade with each other using different kinds of money, called currencies? 🌍💰 One of the most popular currencies for international trade is the U.S. dollar.
Recently, former U.S. President Donald Trump suggested putting big taxes, called tariffs, on countries that want to stop using the U.S. dollar for trading. These countries are part of a group called BRICS, which includes nations like China, Brazil, Russia, and India.
Some experts believe that trying to force countries to use the U.S. dollar might actually make them want to stop using it even more! 😮 It’s kind of like when someone tells you what game to play, and you decide you’d rather play a different one instead.
If more countries choose to trade without the U.S. dollar, it could change how money works all around the world. It’s like discovering new ways to have fun with your friends! 🎉
The world of money and trade is always changing, and it will be interesting to see what happens next!
Reference(s):
cgtn.com
