The BRICS trading system is already wiping out US farmers, as global price discovery is destroyed

You will learn about the BRICS trading system's profound impact on global agriculture and US farmers. You'll discover how this new system operates independently of the US dollar, disrupting traditional market dynamics. You'll understand the challenges facing US farmers as they lose access to crucial market information. You'll see how this lack of transparency is affecting price discovery and decision-making in the agricultural sector. You'll grasp the significance of China's strategic shift in agricultural imports and its cancellation of major US wheat orders. You'll also learn about the technological advancements enabling BRICS nations to bypass Western financial systems. Finally, you'll gain insight into the declining influence of the US in global trade and its unprecedented agricultural trade deficits. You'll come away with a clear picture of how these changes are reshaping the global economic landscape. Sources: American Farm Bureau Federation https://www.fb.org/market-intel/record-u-s-agricultural-trade-deficit-forecasted-to-keep-growing DW news: https://www.dw.com/en/why-is-china-canceling-us-wheat-shipments/a-68742391

• #entertainment
• #the_brics_trading_system_is_already_wiping_out_us_farmers
• #as_global_price_discovery_is_destroyed
• #how_the_brics_trading_system_is_devastating_us_farmers
• #us_farmers_china
• #brics_reshape_global_farming_market_no_more_following_us_regulation
• #brics_overtake_us_farming_industry_what_next
• #brics_farmers_vs_europe
• #turkey_asks_to_join_brics_to_forge_ties_beyond_west
• #china_cut_us_imports_and_increase_brics_imports_what_next