Article originally appeared on dailycaller.com.
President-elect Donald Trump threatened Saturday to impose 100% tariffs on any BRICS nation that abandons the U.S. dollar.
Trump warned the economic alliance — composed of markets in countries like Brazil, Russia, India, China and South Africa — that moving away from the U.S. dollar to create a new BRICS currency will not be taken lightly under his incoming administration.
Trump made the comments on Truth Social today, in a post that warned the nine states that are BRICS (Brazil, Russia, India, China, and South Africa) members against creating a new currency. pic.twitter.com/Jf6jDKSELh — Daily Caller (@DailyCaller) November 30, 2024
“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 …
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