BRICS: “They can go find another ’sucker!"

"There is no chance that the BRICS will replace the U.S. dollar in international trade, and any country that tries should wave goodbye to America,” Trump said.  😛

Trump Threatens 100 Percent Tariffs on BRICS Members If They Challenge US Dollar

Members of the BRICS economic bloc have discussed dumping the U.S. dollar and adopting a new shared currency

President-elect Donald Trump threatened to impose 100 percent tariffs on members of the BRICS economic bloc who move to adopt a new currency to compete with the U.S. dollar.

“The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump wrote in a Nov. 30 post on his Truth Social profile.

“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.”

The BRICS countries—which began as Brazil, Russia, India, China, and South Africa, but have since expanded to Egypt, Ethiopia, Iran, and the United Arab Emirates—have been banding together to form an economic counterweight to the United States and European Union. Around 40 countries attended the most recent BRICS summit, held in Kazan, Russia, in October.

Read the Epoch Times

New Global Currency to knock out the U.S. Dollar

New Global Currency Designed to Ditch US Dollar Coming From BRICS Nations: Report

A group of economically-aligned nations plan to create a new currency that could reduce the world’s dependence on the US dollar and the euro, according to a new report.

The group of emerging economies, known collectively as BRICS, are exploring how such a currency would be structured, reports the Russian state-owned news agency Sputnik.

The news comes days after China executed its first liquefied natural gas (LNG) trade using the yuan instead of the dollar, as reported by Reuters.

The acronym BRICS stands for the countries of Brazil, Russia, India, China and South Africa. A number of additional nations, including Saudi Arabia, Argentina, Iran, Indonesia, Turkey and Egypt, have reportedly expressed interest in joining the alliance.

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