Before meeting PM Modi, Donald Trump told BRICS ‘Dead’, said- 100 % tariffs will be imposed if …

Donald Trump Attack On BRICS: Prior to his meeting with Prime Minister Modi, US President Donald Trump made a scathing attack on BRICS countries. He called it a dead group. Trump said that BRICS has been dead. He alleged that this group was formed for ‘bad purpose’. Also claimed that he has told BRICS countries that if they want to play a game with dollars, then they will be imposed 100% tariff.

At the press conference in the over office, Trump warned the BRICS countries, saying, “The day they say that they want to do so, they will come back and say that we will begs with you. I have said this, the BRICS is dead. . ” He said in response to a question asked by BRICS countries – Brazil, Russia, India and China about its own currency, “Even if there is a business then there will be at least 100% tariff.”

India is doing business with these countries in its currency

Since the Ukraine conflict, India and Russia are doing a lot of trade in their national currencies, but there too, exchange rates are often connected to dollars. India and UAE (now a BRICS country) have also started direct trade in rupee and Dirham. India has established such bilateral mechanisms with more than a dozen countries.

China and Russia also do not do business in dollars

Russia and China trade in local currency. More and more countries are considering doing business in their currencies. The reason behind this was stated that it has been felt that the dollar has been made only a weapon and other countries can find themselves in the same situation as Russia. When European countries imposed several restrictions on Russia during the war with Ukraine.

Also read: Before meeting PM Modi, Donald Trump told BRICS ‘Dead’, said- will put 100 % tariffs if …