President Trump has issued a warning to countries in the BRICS alliance, threatening a 100% tariff tariff if they form a new currency to replace the U.S. dollar. The U.S. has long dominated the global financial system, leading some nations to seek alternatives.
Trump 's threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.While the U.S.
Trump said there is"no chance" BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen"should wave goodbye to America.”
TRUMP BRICS CURRENCY US DOLLAR GLOBAL FINANCE
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