Donald Trump has announced his willingness to impose 100 percent tariffs on products from BRICS countries if they take steps to create a new currency to replace the US dollar.
On his Truth Social platform, the newly elected US president highlighted that these countries must ensure that they do not develop alternative currencies or face serious economic consequences, including loss of access to the US market.
Trump also noted that the United States will not allow the BRICS to replace the dollar in international trade and called on the group’s countries to look for other trading partners if they decide to ignore these warnings. According to him, the United States does not intend to play the role of a “fool” by tolerating the weakening of its national currency.
“You can go and find another sucker.” “There is no chance of the BRICS replacing the US dollar in international trade,” Trump wrote.
BRICOS It is an economic and political union that initially united five countries: Brazil, Russia, India, China and the Republic of South Africa (RSA).
Creation story:
The idea of creating BRIC arose in 2001, when Goldman Sachs analyst Jim O’Neill proposed the concept of uniting countries with rapidly growing economies: Brazil, Russia, India and China (abbreviation BRIC).
Official unification took place in 2006, when representatives of these countries met on the sidelines of the UN General Assembly.
In 2010, the Republic of South Africa joined the group, after which the union was renamed BRICS.
Previously, Kursor wrote that Trump wants to reach a deal with Hamas before his inauguration. Senator Lindsey Graham said this.
