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Trump threatens Brics nations with 100% tariffs if they undermine dollar
Financial Times ^ | 11/30/2024 | Aime Williams

Posted on 11/30/2024 2:06:22 PM PST by marcusmaximus

US president-elect Donald Trump on Saturday threatened tariffs of 100 per cent against the so-called Brics countries unless their governments agree not to create a new currency as an alternative to the US 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 post to his Truth Social platform on Saturday afternoon.

(Excerpt) Read more at ft.com ...


TOPICS: Chit/Chat
KEYWORDS: aimewilliams; alreadyposted; americafirst; blarneymaximus; brics; mucusspam; newtrollformarcus; onelinertrolling; onelinertrollink; spamming; spamposter; trump

1 posted on 11/30/2024 2:06:22 PM PST by marcusmaximus
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To: All
“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 post to his Truth Social platform on Saturday afternoon.
2 posted on 11/30/2024 2:10:06 PM PST by marcusmaximus
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To: marcusmaximus

As long as he takes the measures needed to get US debt under control this should not be necessary


3 posted on 11/30/2024 2:13:48 PM PST by Fai Mao (The US government is run by pedophiles and Perverts for pedophiles and perverts)
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To: Fai Mao

President Trump just put BRICS on notice. No alternate currency to the Dollar.


4 posted on 11/30/2024 2:15:30 PM PST by marcusmaximus
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To: marcusmaximus
Tariffs are a negotiating tool. Only idiots would believe that Trump is actually going to raise tariffs.

His goal is to level the trade playing field.

And he always succeeds because Trump understands that a successful negotiation must be a win-win.

Countries who are taking advantage of the U.S. will stop. They will play fair or they will pay the price in trade.

If they play fair, they will learn that there are advantages to trading fairly with the U.S.

5 posted on 11/30/2024 2:24:10 PM PST by RoosterRedux (Emerson (paraphrased): "If you strike at the king, don't fail." The Democrats failed. )
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To: RoosterRedux

President Trump is clear. No BRICS alternative currency to the dollar. He will never allow it to happen while he’s President.


6 posted on 11/30/2024 2:26:27 PM PST by marcusmaximus
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To: RoosterRedux

Or while Vance is President.


7 posted on 11/30/2024 2:27:43 PM PST by marcusmaximus
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To: marcusmaximus

Why is he afraid of a BRICS currency


8 posted on 11/30/2024 2:32:11 PM PST by JSM_Liberty
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To: marcusmaximus

Winning.


9 posted on 11/30/2024 2:45:06 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: marcusmaximus

I think we are on a good path.

Governments are inherently prone to corruption and evil, much like mobs are prone to lynching innocent people simply because they appear guilty.

This is because governments, like mobs, succumb to the dynamics of collective behavior. Responsibility becomes so diffused that it no longer rests on individuals with the strength to act according to their own consciences.


10 posted on 11/30/2024 2:46:03 PM PST by RoosterRedux (Emerson (paraphrased): "If you strike at the king, don't fail." The Democrats failed. )
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To: JSM_Liberty

“ Why is he afraid of a BRICS currency”

Nice straw man, Ivan.


11 posted on 11/30/2024 2:46:15 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: JSM_Liberty

“ Why is he afraid of a BRICS currency”

Em…he went to the Wharton school of finance. I doubt he’s afraid


12 posted on 11/30/2024 2:48:05 PM PST by stanne
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To: marcusmaximus
President Trump is clear. No BRICS alternative currency to the dollar.

I think this is a needless concern - India is a member of BRICS and they already said no. They're worried China would dominate the new currency.
13 posted on 11/30/2024 3:02:09 PM PST by AnotherUnixGeek
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To: marcusmaximus

I don’t think a BRICS currency is likely.

I tend to think member exchange rate stabilization is a possibility. Don’t ask me the possible mechanisms, because I haven’t worked them out.


14 posted on 11/30/2024 3:04:21 PM PST by Brian Griffin
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To: Brian Griffin

Getting countries off China’s Belt & Road initiative would be something. China is an inherently unstable nation with a declining population. Expansion & advancement of other countries has never happened under a communist author. History has always shown the life preserver thrown to underdeveloped countries from a communist “friend” is always a lead weight


15 posted on 11/30/2024 3:27:35 PM PST by Michigan Bowhunter
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To: Fai Mao
As long as he takes the measures needed to get US debt under control this should not be necessary

It is necessary and should be the first thing he does because they ARE trying to replace the dollar.

16 posted on 11/30/2024 4:34:18 PM PST by VeniVidiVici (If you're Black don't Vote Blue cuz then you'll just be Black and Blue)
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To: Fai Mao
As long as he takes the measures needed to get US debt under control this should not be necessary.

Don's gonna need a lot of help with that. That's the #1 issue in my book.

17 posted on 11/30/2024 4:43:23 PM PST by Rightwing Conspiratr1
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To: marcusmaximus

I’ve waiting for him to do just that. They want US aid but then stab up in the back.


18 posted on 11/30/2024 6:35:29 PM PST by bgill
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