Monday – 10.February 2025
ESTV 246 – Trump would end the war in Ukraine, but cause further conflicts
Thursday, 13. February 2025
US President Donald Trump took action and increased import tariffs from China by 10%, whereupon China responded with counter-tariffs of 15% on US oil and gas imports, some agricultural products and US cars. This was followed by tariffs of 25% on steel and aluminium for all countries worldwide. Does this mark the beginning of a new trade war between the US and China, which could later even lead to a war in Taiwan? Trump also wants to increase tariffs by 100% for all BRICS countries if they want to introduce a new BRICS currency. The battle for the new world order is also a battle for raw materials. More than 90% of rare earths come from the BRICS countries, along with many other important raw materials. Raw materials could therefore become scarce selectively this year. Gold has already reached a new all-time high and has already risen by more than 40% in one year. In this respect, it is now also worth taking a closer look at the commodity ETC from BNP Paribas, which can be easily done via the link https://bnpp.lk/ETC. In addition to gold, oil and copper could also be quite promising this year, at least temporarily.
