US President-elect Donald Trump has threatened BRICS countries with 100% tariffs on goods if they abandon the dollar.
He demanded that these countries not create a new currency.
BRICS will face 100% tariffs if they dare to create a new currency to replace the mighty US dollar, Trump wrote on his social network Truth Social.
The president-elect stressed that the United States will not simply observe the BRICS countries.
He demanded a commitment from these countries that they would not create another currency to replace the mighty dollar.
They, as Trump emphasized, could face 100 percent tariffs.
He threatened the BRICS countries with a ban on selling their goods to the American economy if they try to find a replacement for the dollar.
Trump also noted that the BRICS countries obviously have no chance of finding a replacement for the dollar in international trade.
Any country that tries to do this will face a US ban on trade in its goods.