Trump warns BRICS of 100% tariffs if they ditch the dollar
Donald Trump, the President-elect of the United States, threatened BRICS member countries that if they attempt to abandon the dollar in their trade exchanges, they should say goodbye to the American market.
Mr. Trump, in a message posted on his account on the social network Truth Social, described the idea of BRICS countries dropping the US dollar in their mutual trade as a failed concept, writing that the era when BRICS countries tried to distance themselves from the dollar and we just watched is over.
In another part of this message, he wrote that these countries must commit to neither creating a new BRICS currency nor supporting any other currency to replace the powerful US dollar; otherwise, they will face 100% tariffs and must say goodbye to selling their goods in the extraordinary US economy.
The US President-elect emphasized that BRICS has no chance of replacing the US dollar in international trade.