Posted on 11/30/2024 11:46:10 AM PST by marcusmaximus
Donald Trump announced Saturday he would impose a 100% tariff on BRICS nations if they try to replace the dollar in international trade, impacting a group of major developing economies whose members include Russia, India, China and Iran, among others, marking the latest threats by the president-elect to impose tariffs on imports from several countries.
In a post on Truth Social, Trump said the 100% tariff would affect all BRICS countries—Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia and the United Arab Emirates—until they commit to not creating a new BRICS currency or back another currency that could replace the “mighty” dollar.
(Excerpt) Read more at forbes.com ...
I’m a wait and see on this...cuz I don’t know enough.
Russia is already banned from transacting in US dollars or exporting to the USA.
So at this point, they couldn’t care less.
And to China, India, Brazil, etc... they will say: “see, we told you so....”
Good move on his part they just want a new one world control of money and we ain’t in it.
“Threatens” being the key word. If you aren’t willing to make the threat, it’s hard to negotiate from a position of strength.
GEAUX 47!!
Crickets from the Putin fan club…
https://freerepublic.com/focus/f-chat/4281735/posts
Already posted, might want to stop spamming.
What’s not to like about President Trump nuking the BRICS currency right before taking office?
Ruble sour grapes. BRICS just got the back hand from President Trump!
President Trump should put a tariff on offshore service contracts from Indian firms.
President Trump needs to institute a 100% tariff on all enemies of the U.S. economy.
This doesn’t bother me, I am America First! I love tariffs because they allowed 13 isolated colonies on the a*s end of beyond to become an economic and industrial superpower.
You neocons are just a sad little tribe of losers. Trump is dropping a deuce on all of your dreams.
President Trump is sticking Putin with 100% tariff instead of throwing him a victory parade. Classic!
BRICS exists as a result of heavy handed bullcrap. Coercion is probably wrong as an answer
Agreed. Let them know in advance what WILL happen if they don't negotiate. However, you have to have the cojones to follow through, as does President Trump. He has already secured an agreement with the Mexico President to keep the illegals in her country, or if not, increased tariffs.
Leaders around the world are already listening and changing political/economical positions, because of his "threats". Example: Canada's commie Trudeau is already kissing his ring, along with others.
So much angst from the BRICS-stronk crowd today…
Also, the China-Russia gas pipeline was just completed and is set to power Shanghai by end of 2024 - seven months ahead of schedule.... Can America sanction that?
Trump is right. Putin will make the smart move, now that the dollar does not support the degeneracy of the left.
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