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BRICS Just Crushed American Farmers—How BRICS Is Redefining Global Trade and Leaving U.S. Behind
9 months ago
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Politics
BRICS
GlobalTrade
AmericanFarmers
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EconomicShift
InternationalRelations
Agriculture
USTradePolicy
GlobalEconomy
BRICS Just Crushed American Farmers—How BRICS Is Redefining Global Trade and Leaving U.S. Behind
The BRICS nations—Brazil, Russia, India, China, and South Africa—are reshaping global trade, and U.S. farmers are feeling the impact. With the expansion of BRICS beyond its original five members, a new trading system is emerging that challenges the dollar-dominated, U.S.-led financial model. This shift has caused a steep drop in U.S. agricultural exports, as countries like China cancel large orders of American wheat, corn, and soybeans in favor of BRICS partners like Brazil.
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