Trump threatens 100% tariffs on BRICS if they continue to reduce use of US dollar in trade.

US President Donald Trump warned BRICS nations—Brazil, Russia, India, China, and South Africa—of 100% tariffs on trade if they continue efforts to reduce reliance on the US dollar. Trump stated this is not a threat but a clear stance, asserting the US has significant leverage over these countries. BRICS nations have been exploring ways to decrease the dollar's dominance in global trade.

3 months ago
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