Posted on 12/01/2024 6:23:26 AM PST by marcusmaximus
In a rather stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—President-elect Donald Trump has threatened 100% tariffs on their exports to the United States if they pursue efforts to replace the U.S. dollar in global trade.
In a post on X (formerly Twitter), Trump said that any attempt by BRICS to create a new currency or support alternatives to the dollar would lead to severe consequences. “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump wrote.
Trump’s warning comes on the heels of last month’s BRICS summit in Kazan, Russia, where the bloc discussed strategies to boost non-dollar transactions and enhance the use of local currencies.
He reiterated that BRICS nations must commit to doing away with such efforts or face not only crippling tariffs but also the potential loss of access to the U.S. market altogether.
“They can go find another ‘sucker!’” Trump said while adding, "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."
(Excerpt) Read more at m.economictimes.com ...
😁
The big dawg is back!
BTTT
So what is the chance of Brazil, Russia, India, and China agreeing on any matter, much less coming up with a currency that can compete with the dollar? I would say it is pretty remote. China is exploiting Russia’s weakness to make money, while fighting India. Now the BRICs have let in loser nations like Ethiopia and Iran - how is that going to work?
Circumstances alter cases. They will adjust.
Next up will be a similar headline from the ExpressUK and UK Sun.
Reeeeeeeeeeeeeee!!! - Slavo U Crayknee!!!!!! Doink! Stronk! Grunt! Grunt! Click! Pop! Snort! Grunt!
speaking LOUDLY and carrying the big stick
They come begging hat in hand for US aid but then stabs us in the back. We need to stop all this aid.
Already posted:
https://freerepublic.com/focus/f-chat/4281735/posts
https://freerepublic.com/focus/f-chat/4281746/posts
https://freerepublic.com/focus/f-chat/4281770/posts
https://freerepublic.com/focus/f-chat/4281812/posts
This reminds me of your psychotic spam posting about Tucker Carlson.
BRICS bois are deeply saddened.
Putin got the backhand already and President Trump hasn’t taken office yet. Lol!
That’s all you got?
Thought you’d post yet another thread and throw “doink” out there at least.
You’re slipping.
I mean, without the dollar being used as a trade instrument the US trillion dollar debt would become a massive problem in our debt ridden house of cards. Sorry, I’m all for other countries getting to use whatever currency they want to trade in. This isn’t a long term solution, its a bandaid. Maybe lets reign in spending?
DILLIGAF?
Click! Pop! Grunt! Grunt! UK Express - UK Sun Grunt! Grunt! REEEEEEEEEE!!!!
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