Trump warns Brics nations against dollar rival as economic policies unfold

Donald Trump, set to take office in January, has begun outlining economic policies that may impact global markets. He has warned Brics nations against creating a currency to rival the U.S. dollar, despite ongoing discussions that have not led to action. Brics countries, including China and India, have significant strategic differences, making a currency union unlikely. Most members, except Russia, maintain strong economic ties with the U.S., complicating any potential collaboration. Trump's approach may boost his image as a strong leader, but it faces contradictions. His proposed tax cuts could increase national debt, raising risks for U.S. investments and potentially affecting the dollar's dominance in global markets.