Trump threatens 100% tariff on BRICS countries over currency plans

President-elect Donald Trump threatens a 100 percent tariff on BRICS nations if they pursue alternatives to the US dollar. This follows a BRICS summit in Russia where members discussed non-dollar transactions and local currency settlements. Trump warns against efforts to replace the US dollar in international trade.

Dec 1, 2024 - 19:30
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Trump threatens 100% tariff on BRICS countries over currency plans
President-elect Donald Trump threatens a 100 percent tariff on BRICS nations if they pursue alternatives to the US dollar. This follows a BRICS summit in Russia where members discussed non-dollar transactions and local currency settlements. Trump warns against efforts to replace the US dollar in international trade.

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