US President-elect Donald Trump has issued a warning to BRICS member countries, demanding that they commit to not creating a new currency to replace the US dollar or face 100% tariffs. In a statement on his social media platform, Truth Social, Trump stated that any country attempting to replace the US dollar in international trade would face consequences and potentially lose access to the US economy. Trump expressed his belief that there is no chance of BRICS replacing the US dollar and urged countries to not pursue this path. The threat of tariffs and sanctions highlights Trump’s commitment to maintaining the dominance of the US dollar in global trade. This statement comes amidst ongoing discussions within BRICS about the potential for creating a new currency or alternative financial system. Trump’s strong stance on this issue may have significant implications for the future of international trade and financial markets. It remains to be seen how BRICS member countries will respond to this ultimatum from the incoming US President.
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Trump Warns BRICS Nations of Possible 100% Tariff if US Dollar is Undermined
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