Trump threatens 100% tariffs on BRICS nations over potential new currency

nypost.com

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS nations if they create a new currency. He stated that the U.S. will not allow these countries to undermine the U.S. dollar. Trump's comments come as BRICS, which includes Brazil, Russia, India, China, and others, considers a common currency to reduce reliance on the dollar. He emphasized that without a commitment from BRICS not to pursue this, they would face significant tariffs. This threat aligns with Trump's broader trade strategy, which includes plans for tariffs on imports from Mexico, Canada, and China. He aims to address issues like drug trafficking and illegal immigration through these measures.


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