After threatening Mexico and Canada, Trump decided to threaten the BRICS nations with 100 percent tariffs if they choose to move away from the U.S. dollar…
- President-elect Donald Trump threatened the BRIC group of emerging-market nations on Saturday, warning that he would impose 100% tariffs if they make any moves to undermine the U.S. dollar.
- Trump’s comment, made on his Truth Social platform, is in apparent response to efforts to challenge or replace the U.S. dollar as the primary global reserve currency.
- We have never seen an economic threat of this magnitude in modern history.
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