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Trump threatens 100% tariffs against nations that replace U.S. dollar
Trump Warns BRICS Nations Against Replacing U.S. Dollar
By Lucia Mutikani and Ismail Shakil
Reuters
Saturday, November 30, 2024
https://www.reuters.com/world/trump-warns-brics-nations-against-replacing-us-dollar-2024-11-30/
WASHINGTON -- U.S. President-elect Donald Trump today demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.
"We require a commitment from these countries that they will neither create a new BRICS currency nor back any other currency to replace the mighty U.S. dollar or they will face 100% tariffs and should expect to say goodbye to selling into the wonderful U.S. economy," Trump wrote on his social media platform, Truth Social.
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"They can go find another 'sucker.' There is no chance that the BRICS will replace the U.S. dollar in international trade, and any country that tries should wave goodbye to America."
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