Trump Pledges 100% Tariffs on BRICS Nations
Source: ft.trib.al
- President Trump promises 100% tariffs on all imports from BRICS countries if they create a new currency to replace the US dollar.
- The threat targets Brazil, Russia, India, China, and South Africa to protect the dollar's role as the world's reserve currency.
- BRICS leaders discussed de-dollarisation at their recent summit, prompting Trump's strong response.
President Donald Trump warned BRICS nations against challenging the US dollar with a rival currency. He threatened massive tariffs to defend America's economic dominance. This escalates tensions as BRICS pushes for less reliance on the dollar in global trade.