President-elect Donald Trump has issued a stern warning to BRICS countries and associated nations that they will face a 100% tariff penalty if they attempt to move away from the U.S. dollar. This warning comes after Russian President Vladimir Putin's call for the de-dollarization of the world economy at the recent BRICS summit.
President-elect Donald Trump has warned BRICS countries and related nations that they will face a 100% tariff if they attempt to move away from the U.S. dollar. In a post on Truth Social, Trump issued a warning to the nine countries involved in the BRICS alliance, threatening them with severe tariffs penalties if they do not commit to not creating a new currency to replace the U.S. dollar.
This warning comes after Russian President Vladimir Putin's recent call for the de-dollarization of the world economy at the latest BRICS summit
Donald Trump BRICS U.S. Dollar De-Dollarization Vladimir Putin Trade War
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump threatens Brics nations with 100% tariffs if they undermine dollarWarning against pushing alternatives to reserve currency is latest trade threat from incoming president
Read more »
Sun Vegas Offers New Players a 100% Deposit Match Bonus and 100 Free SpinsNew players at Sun Vegas can enjoy a generous welcome offer that includes a 100% deposit match bonus up to £300 and 100 free spins. This offer allows players to maximize their initial deposit and explore the wide variety of games available on the platform.
Read more »
Former President Jimmy Carter, 100, makes Grammys history as the oldest person ever nominatedA concert celebrating Jimmy Carter's upcoming 100th birthday featured a diverse lineup of musical talent and tributes, with proceeds supporting the Carter Center's international programs.
Read more »
Trump wins latest: President-elect makes first major appointment; three states move to 'Trump-proof' lawsDonald Trump has appointed Susie Wiles, his campaign manager, as his White House chief of staff in his first big appointment as president-elect. Meanwhile, three states, including America's most populous, are making moves to protect liberal policies from the next administration.
Read more »
Trump threatens Mexico with 100% tariffs unless it cracks down on border crossingsFormer President Trump has threatened to impose tariffs on all imports from Mexico unless its government prevents migrants crossing the border into the US illegally.
Read more »
Donald Trump's first 100 days back in White House from the economy to 'the wall'Dr Thomas Gift spoke about what could happen with Trump back at the helm of American politics.
Read more »