Trump Threatens BRICS Countries With 100% Tariff If They Replace Dollar

President-elect Donald Trump has warned that he will impose a 100 percent tariff on nations within the BRICS group if they devalue the US dollar.

“We require a commitment… 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 percent Tariffs,” Trump wrote on his Truth Social website, referring to the grouping that includes Brazil, Russia, India, China, South Africa and others.

“As for SWIFT and any alternatives, we have not created and are not creating any alternatives,” Putin told reporters at the end of the summit.

He added: “As for a unified BRICS currency, we are not considering that question at the moment.”

Trump has vowed to pursue a protectionist agenda, threatening hefty tariffs on neighbors and rivals.

If BRICS countries continue with their plans, Trump warned, they “should expect to say goodbye to selling into the wonderful US Economy,” he wrote.

“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.”

For More Information And News Update, Join Informant Online WhatsApp Channel With Link Below:

https://whatsapp.com/channel/0029VaihFajBadmT29ufud2Z

 

Related articles

Nigerian Air Force Takes Action After Personnel Clash With Policemen In Delta

The Nigerian Air Force has confirmed that personnel involved...

Lagos Government Hikes BRT Fares

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced...

Tinubu Approves Recruitment

President Bola Tinubu has authorized the recruitment of 50...

MTN Reverses Controversial Data Hike

MTN Nigeria has reversed its decision to increase the...

What Will Happen If CBN Continues To Increase ATM Charges – Shehu Sani

Shehu Sani, the former Senator for Kaduna Central Senatorial...

LEAVE A REPLY

Please enter your comment!
Please enter your name here