U.S. President-elect Donald Trump demanded that BRICS member countries commit to not creating a new currency or face 100% tariffs
Posted: Nov 30, 2024
- Donald Trump warned BRICS nations against replacing the US dollar
- He demanded a commitment from BRICS member countries to not create a new currency or support another currency that replaces the dollar
- Trump threatened 100% tariffs for non-compliance, stating any country attempting to replace the dollar would lose access to the US economy
- Trump emphasized that there is no chance BRICS will replace the US dollar in international trade
- The warning has raised fears of a potential trade war between the US and its trading partners.
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