By: Dolly Menas
US President-elect Donald Trump has threatened to impose 100% tariffs to BRICS countries as well as bar them from selling into the US economy should they move ahead with plans to establish a BRICS currency.
“The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over. We require a commitment from these countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty U.S. Dollar or, they will face 100% tariffs, and should expect to say goodbye to selling into the wonderful U.S. economy,” Trump said on X.
Trump further stated that there is no chance that the BRICS will replace the U.S. dollar in international trade.
Comments