Trump threatens 100% tariff on the BRICS bloc of nations if they act to undermine US dollar
- Trump stated that the BRICS countries' moves away from the U.S. Dollar are "OVER," signaling potential economic retaliation.
- He warned that countries attempting to replace the dollar would face 100% tariffs, threatening economic access to the U.S. market.
- Trump emphasized that there is no chance BRICS will replace the dollar in international trade, labeling such actions hostile.
588 Articles
588 Articles
The BRICS countries dream of moving away from the US dollar and creating an independent payment system. Trump is now threatening them with tariffs if the countries actually implement this.
Trump Rattled by BRICS De-Dollarization Plan
When you catch Donald Trump’s attention, it is either because he wants to do business with you, or because he sees you as a competitor or threat. When Trump threatened Mexico and Canada with 25% tariffs on imports from those countries, it was because he saw both America’s neighbors as business partners. The tariff threats served the purpose of moving business negotiations in a direction that benefited America—and of course President Trump. By …
Deutsche Welle
ABS-CBNBRICS currency: Is Trump's tariff threat justified?
Donald Trump has threatened 100% tariffs on imports from BRICS countries if they create a new currency to rival the US dollar. DW asks why the fastest-growing economies are challenging the world's reserve currency.
Trump Threatens Tariffs on BRICS Countries - American Faith
President-elect Donald Trump threatened to impose 100% tariffs on any BRICS nation that moves away from the U.S. dollar. BRICS, comprised of Brazil, Russia, India, China and South Africa and, have previously suggested they plan to create a new currency. Iran, the United Arab Emirates, Ethiopia, and Egypt have also joined the bloc. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Tru…
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