Trump warns BRICS nations against creating alternative currency to US dollar

hindustantimes.com

Donald Trump, the president-elect, has warned BRICS nations that they must commit to not creating a new currency to replace the US dollar. He threatened to impose 100% tariffs on countries that attempt to move away from the dollar. Trump's comments come as he prepares to take office in January. His administration is considering various measures, including tariffs and export controls, to maintain the dollar's dominance in global trade. Despite discussions among BRICS about reducing reliance on the dollar, Trump stated that any country attempting to do so would face severe economic consequences. He emphasized that the US dollar will remain the primary currency for international trade.


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