Donald Trump threatens BRICS countries—including Russia, India—with 100% tariffs if they act to undermine US dollar
“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.”
Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.”
Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT.
“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.”
Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.”
Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
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