Trump warns BRICS nations of 100% tariff if they pursue de-dollarisation

firstpost.com

US President-elect Donald Trump has threatened to impose a 100% tariff on BRICS nations if they pursue de-dollarisation, a concept promoted by Russia and China. He stated that the US will not tolerate efforts to move away from the dollar. Trump's warning follows his recent threats of higher tariffs on imports from Mexico and Canada. He emphasized that BRICS countries must commit to using the dollar or face severe trade penalties. The BRICS group, which includes Brazil, India, South Africa, Russia, and China, has been discussing alternatives to the dollar. Trump's comments come amid ongoing tensions over global trade and currency dominance.


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