One America News Network By Blake Wolf
President-elect Donald Trump revealed plans to enact a 100% tariff on BRICS countries, should they attempt to move away from utilizing the U.S. dollar within international trade.
“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another ‘sucker!’” Trump announced in a Truth Social post.
BRICS also expanded in 2023, inviting Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates into the group.
Some BRICS countries, led by Russia, have made attempts to create an alternative currency rivaling the U.S. dollar. However, other group members, like China and India, are still heavily invested in trading with the United States and fear the potential consequences of breaking away from the dollar.
Within 2022, China and the United States traded around $758.4 billion in goods-and-services, while trading an estimated $191.4 billion in goods-and-services with India in 2022…
READ FULL ARTICLE HERE… (oann.com)
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