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Say hello to tariffs, goodbye to America: Trump's stark warning to BRICS Nations on currency alternatives

Trump threatens 100% tariffs on BRICS countries if they attempt to replace the US dollar with an alternative currency.

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Edited By: Mahi Mishra
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World News: US President Donald Trump has once again issued a stark warning regarding the BRICS nations, which include India, Brazil, Russia, China, and South Africa. He threatened to impose 100% tariffs on these countries if they attempt to replace the US dollar with an alternative currency. In a post on his social media platform, Truth Social, Trump emphasized that the notion of BRICS moving away from the dollar is no longer acceptable.

A Firm Stance Against De-Dollarization

Trump stated, "The idea that the BRICS countries are trying to move away from the dollar, while we stand by and watch, is OVER." He further elaborated that the United States would demand a commitment from these nations not to create a new BRICS currency or support any other currency aimed at replacing the US dollar. Failure to comply would result in severe economic consequences, as he warned they would "face 100% tariffs" and "should expect to say goodbye to selling into the wonderful US economy."

The BRICS Challenge

The BRICS group has been actively discussing alternatives to the US dollar for international trade. Trump’s remarks come in response to these discussions, reinforcing his administration's position against what he perceives as hostile actions towards the US economy. He stated, "They can go find another sucker nation. There is no chance that BRICS will replace the US dollar in international trade... any country that tries should say hello to tariffs, and goodbye to America!"

Previous Warnings and Diplomatic Responses

This warning follows similar threats made earlier this month when Trump cautioned BRICS against decisions that could lead to a 'de-dollarisation' of the global economy. He remarked, "They (BRICS) tried to do a number on the United States... if they do that, they are not going to be happy about what's going to happen to them.

"In December, he had already indicated potential punitive tariffs if BRICS moved forward with plans to abandon the dollar. In response to Trump's threats, India's External Affairs Minister S. Jaishankar clarified that India has never supported moving away from the US dollar and confirmed there are no current proposals for a BRICS currency.

As tensions rise over currency policies and international trade dynamics, Trump's assertive stance highlights a critical moment for global economic relations. The implications of these threats could significantly impact trade agreements and diplomatic ties among major economies.

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