The U.S. to lose $150 billion due to the China-Brazil trade agreement: an OctaFX analysis
KUALA LUMPUR, MALAYSIA – Media OutReach – 31 March 2023 – The OctaFX experts comment on the deal announced this week by the Chinese and Brazilian governments on direct payments that will deprive the U.S. of more than $150 billion in liquidity. The U.S. dollar has dominated world trade and capital flows for many years. However, many countries are looking for alternatives to reduce their dependence on […]