Trump Warns BRICS Nations on De-dollarization Efforts
On his first day in office, US President Donald Trump issued a stern warning to BRICS nations, stating that any country advancing de-dollarization efforts would face a 100% tariff on trade with the United States.
President Trump reiterated his message on the first day of his presidency, warning that any nation moving towards de-dollarization would face a 100% tariff on trade with the US. This comment came in response to efforts by BRICS nations, including Russia and China, to reduce the dominance of the US dollar in global trade.
Trump said, "As a BRICS nation... if they even think about doing this, they will face a 100% tariff. They will immediately back down." This strong statement highlighted the United States' stance on maintaining the global supremacy of the dollar.