Trump warns BRICS nations against dollar alternatives and threatens tariffs

thenews.com.pk — December 2, 2024 at 12:03 AM UTC

US President-elect Donald Trump has warned BRICS nations against creating a new currency or supporting alternatives to the US dollar. He threatened a 100% tariff on their goods if they do not comply. Trump's comments come as Brazil and Russia have discussed a new currency to lessen the dollar's influence, but progress has stalled due to internal disagreements. Some of Trump's allies view his remarks as a negotiation tactic. Republican Senator Ted Cruz highlighted the effectiveness of tariffs in past negotiations.

With a significance score of 4.9, this news ranks in the top 3% of today's 18017 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

Timeline:

[4.3]

Trump threatens tariffs on BRICS nations over dollar abandonment plans (zerohedge.com)

100d 8h