Trump threatened the BRICS countries that if they move to launch a new currency to become an alternative to the dollar, they will be faced with the imposition of 100% tariffs, and their products will not enter America.
Trump said in a post on the Truth Social platform that the idea of watching the BRICS countries abandon the use of the dollar is over.
US President-elect Donald Trump on Saturday called on BRICS member states to commit not to introduce a new currency or support another currency to replace the dollar, warning against imposing 100% customs duties.
Trump wrote on his social platform, Truth Social: “We want a commitment from these countries not to create a new BRICS currency or support any other currency to replace the great dollar, otherwise they will face 100 percent tariffs, and they should expect to bid farewell to entering the wonderful American economy.” .
“They have to find another idiot,” he added. The BRICS group cannot find anything to replace the dollar in international trade, and any country that tries to do so will have to bid farewell to the American market.