
Donald Trump Threat BRICS: US President Donald Trump has threatened BRICS countries including India, China. Trump said in a threatening manner that the BRICS countries should understand that they cannot replace the US dollar. If there is an attempt to do this, then America will impose 100 percent tariffs on these countries.
Trump said that if the BRICS starts his new currency to challenge the US dollar, he will have to pay a heavy price. They will be excluded American. Trump said that America will not remain a spectacle and will respond to this danger.
What did Trump write on social media platform Truth?
Trump posted on his social media platform Truth Social and wrote that BRICS country is trying to challenge US dollar domination. We will not see it quietly. If Brics create new currency or support any other currency, then 100 percent tariff will be imposed on them. If this happens, the doors of the American market for BRICS countries will be closed.
The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) January 31, 2025
Why is BRICS making your currency?
BRICS includes Brazil, Russia, India, China and South Africa. This group wants to reduce dependence on US dollars globally. BRICS countries are planning to start their business with the help of BRICS currency. Russia and China are already trading in yuan and other currencies instead of dollars. Now this new currency of BRICS can weaken America’s economic condition.
What is the danger of BRICS currency?
If BRICS launches its currency, it can weaken the dollar of the US dollar. A major cause of the global power of the American is dollar dominance. If the world starts adopting the currency of BRICS instead of dollars, then the American economy may be shocked.
Will BRICs be afraid of Trump’s threat?
China and Russia are already working on a strategy to move away from the dollar. India and Brazil are also thinking of promoting local currency instead of dollars in their business. However, America’s decision to impose tariffs can motivate countries to adopt its currency further firmly.
Also read: Trump took such a decision that Mohammad Yunus’s sleep, thousands of people in crisis in Bangladesh
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