Trump warns BRICS nations against creating a rival currency to the U.S. dollar, threatening 100% tariffs. Putin praises BRICS as a pillar of a new world order.
U.S. President-elect Donald Trump on Saturday (November 30) demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.
"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," Trump wrote on his social media platform, Truth Social.
"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."
On November 7, Russian President Vladimir Putin said the BRICS countries demonstrate an example of constructive cooperation and are the basis of a new just world order.
Read next
17:45
reclassify
U.S. President Donald Trump announced on Friday his plan to reclassify approximately 50,000 federal workers under a new category, "Schedule Policy/Career," which would make it easier to fire civil servants who do not align with his administration's policy agenda.
20:00
Shared vision
Italian PM Giorgia Meloni met with Donald Trump and JD Vance in Washington, using charm, shared views, and her native Italian to strengthen ties. She later hosted Vance in Rome, praised U.S.-Italy relations, and invited Trump to visit Europe.
19:00
Citizenship case
The U.S. Supreme Court will hold a May 15th hearing on Trump’s order to end birthright citizenship for children of undocumented immigrants, an executive move blocked by lower courts and now facing constitutional scrutiny under the 14th Amendment.
20:00
Fed
U.S. President Donald Trump expressed frustration with Federal Reserve Chair Jerome Powell, stating on Thursday that Powell's termination "cannot come fast enough."
17:30
Diplomatic Momentum
President Trump calls recent talks with Mexico and Japan "very productive" as he highlights growing international interest in meetings with the U.S.
What is your opinion on this topic?
Leave the first comment