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Trump Threatens 100% Tariffs on BRICS Nations Over Alternative Currency
President-elect Donald Trump threatened 100% tariffs on nine nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they create or back a currency to replace the U.S. dollar, escalating trade tensions and potentially impacting global markets and consumer prices.
Trump Threatens 100% Tariffs on BRICS Nations Over Alternative Currency
President-elect Donald Trump threatened 100% tariffs on nine nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they create or back a currency to replace the U.S. dollar, escalating trade tensions and potentially impacting global markets and consumer prices.
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