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 the U.S. currency. This trend has accelerated since the U.S.
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