back in 2019, Trump started throwing tariffs at China like punches in a bar fight, and China didn’t just sit there.
They hit back with their own tariffs and let their currency, the yuan, slide.
It broke past 7 against the dollar, which was a big deal, and Trump was like, “Yo, you’re manipulating your currency!”
Markets lost it gold prices spiked because people wanted something safe, US bond yields dropped, and China tried to keep the yuan from tanking too hard.
Eventually, they hashed out a “phase one” trade deal.
Now, fast forward to 2025, and it’s like a sequel nobody asked for.
Trump’s back at it with tariffs some as high as 125% and China’s retaliating again, keeping the yuan weak.
Gold’s shooting up, the dollar’s wobbling, and this time, US bond yields might actually climb because countries like China and the BRICS gang (Brazil, Russia, India, China, South Africa) could start dumping US debt.
They’re all about this “de-dollarization” thing trying to kick the dollar off its throne and set up a world where multiple currencies call the shots.
Then there’s this wild side plot: big banks are racing to build blockchain systems like Fnality, Liink, Agora, Canton, and Versana.
These are like high-tech financial toys to make money move faster, cheaper, and clearer.
Think instant cross-border payments or trade deals without the paperwork mess.
Meanwhile, BRICS is cooking up their own versions, like mBridge and BRICS Pay, to rival the West. It’s a financial tech showdown!
Oh, and gold?
It’s climbing because everything’s shaky geopolitical drama, a weaker dollar, and bets on lower interest rates.
- 2019 Throwback: Trump’s tariffs vs. China’s counterpunches. Yuan crashed past 7, markets flipped, gold soared, and they eventually talked it out.
- 2025 Remix: Same tariff drama, but now BRICS is flexing, pushing de-dollarization. Gold’s up, dollar’s shaky, and bond yields might rise if they ditch US debt.
- Blockchain Buzz: Banks are building digital highways Fnality for payments, Liink for bank chats, Agora for trade, Canton to link it all, Versana for loans. BRICS has their own game plan.
- Gold Rush: Uncertainty’s driving it dollar doubts, global tension, rate cut vibes.
remember 2019 when Trump went full tariff warrior on China?
They fired back, let the yuan drop, and it was chaos gold spiked, markets freaked.
They patched it up with a deal, but now it’s 2025, and it’s like round two.
Trump’s jacking tariffs to 125%, China’s hitting back, and the dollar’s looking kinda wobbly.
Gold’s going nuts again, and BRICS might start selling off US bonds, which could flip things yields going up instead of down this time.
And get this banks are all about blockchain now.
Like, Fnality’s making international payments instant, Liink’s speeding up bank gossip, Agora’s digitizing trade, Canton’s connecting the dots, and Versana’s sorting loan data.
It’s wild like a new financial internet. But BRICS isn’t sleeping. they’ve got mBridge and stuff, trying to build their own digital empire.
Gold’s popping off because the world’s a mess, the dollar’s not as bossy, and people think rates might drop. It’s a lot, right?