Days following assuming duties as the United States President, Donald Trump has once again issued threats to the BRICS Nations if they make an attempt to replace the USD with any other currency. Trump has threatened the BRICS nations with 100% tariff over de-dollarisation.
Threatening the BRICS Nations of 100% tariff if they replace the US Dollar , Donald Trump said in a post on Truth Social, “The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile 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 per cent Tariffs, and should expect to say goodbye to selling into the wonderful US Economy.”
Trump’s Truth Social post further read, “They can go find another sucker Nation. There is no chance that BRICS will replace the US Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!” The statement reinforced Trump’s position on de-dollarisation, warning that BRICS countries must commit to maintaining the US dollar’s role in global trade or face economic consequences. His post emphasised that any attempt to introduce a new BRICS currency or back another alternative to replace the dollar would result in a complete trade tariff against those nations.
Previously, Trump had eiterated his position during a signing ceremony at the Oval Office, where he directly warned BRICS countries against moving away from the dollar. Speaking on the matter, he had said: “As a BRICS nation they’ll have a 100 % tariff if they so much as even think about doing what they thought, and therefore they’ll give it up immediately.”
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