Trump threatens 100% tariffs on BRIC nations over dollar support concerns

President-elect Donald Trump has threatened to impose 100% tariffs on nine BRIC nations if they undermine the U.S. dollar. This includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE. Trump's warning follows growing concerns among BRIC countries about U.S. dominance in the global financial system. He stated that these nations must not create a new currency or support alternatives to the dollar. Despite these tensions, research indicates that the U.S. dollar remains secure as the primary global reserve currency for the foreseeable future. Trump's tariff threats come after similar warnings regarding imports from Mexico and Canada.