Trump warns BRICS nations against replacing US dollar with new currency
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US President-elect Donald Trump warned BRICS nations on Saturday against creating a new currency or supporting efforts to replace the US dollar. He threatened 100% tariffs on their goods if they do not comply. Trump's comments come amid discussions among some BRICS leaders about reducing the dollar's dominance in trade. However, internal disagreements have stalled these efforts. Republican Senator Ted Cruz noted that Trump's tariff threats could be a strategic move to leverage negotiations, similar to past actions that prompted responses from other countries.