President Trump Threatens 100% Tariff on BRIC Nations Abandoning US Dollar As World’s Reserve Currency
President-elect Donald Trump on Saturday threatened 100% tariffs against BRICS, a block of nine nations, if they continue to act to undermine the U.S. dollar. His threat was directed at countries in the BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates.
Turkey, Azerbaijan, and Malaysia have applied to become members and several other countries have expressed interest in joining.
The Biden Administration’s economic and foreign policy has damaged the U.S dollar. These policies have helped enable the ascension of BRICS. A group of countries led by China & Russia who seek to end the U.S dollar’s status as the world’s reserve currency. Unlike the weak Biden Administration, President Trump is making it clear that the actions taken by the BRICS nations against the U.S will not be tolerated. What a relief that we have President Trump coming back to the Oval Office.
BRIC is a grouping acronym referring to the developing countries of Brazil, Russia, India, and China, which are identified as rising economic powers.
The move away from the dollar (and petrodollar for oil sales) gained momentum under the catastrophic policies of the Biden regime. The dollar as the main world currency is a pillar of our strength and power. More countries were mulling a similar move.
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— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) November 30, 2024
Trump Threatens 100 Percent Tariff on BRIC Nations
By Newsmax, November 30th, 2024
President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates.
Turkey, Azerbaijan, and Malaysia have applied to become members and several other countries have expressed interest in joining.
Source: https://gellerreport.com/2024/12/president-trump-threatens-100-percent-tariff-on-bric-nations-abandoning-the-us-dollar-as-worlds-reserve-currency.html/
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