Trump threatens BRICS nations with 100% tariffs over plans for new currency
Washington DC: US President-elect Donald Trump on Saturday issued a stern warning to BRICS nations, demanding they commit not to create or support a new currency to replace the US dollar or risk facing 100% tariffs, Reuters reported.
In a post on Truth Social, Trump wrote, "We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful US Economy."
He further asserted, "They can go find another 'sucker'. There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America."
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