Trump threatens BRICS with tariffs if they replace US dollar – DW – 01/31/2025
www.dw.com
US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency. He has also threatened Canada and Mexico with tariffs.

Summary

Trump has threatened BRICS nations with 100% tariffs if they attempt to replace the US dollar as the global reserve currency, calling them “seemingly hostile countries.”

BRICS, which includes major economies like China, India, and Russia, has been discussing an alternative reserve currency, especially after Western sanctions on Russia.

The power of the US dollar in the world has strengthened recently. It remains the world’s primary reserve currency and there is a huge worldwide reliance on it.

  • FaceDeer@fedia.io
    0·
    2 years ago

    You said:

    In a world United against the US, there’s no war the US can wage effectively.

    What about the wars that the rest of the world wage?

    • liyunxiao@sh.itjust.worksEnglish
      0·
      2 years ago

      …it’s not a part of the discussion. Do keep up if you’re going to weigh in. I know English sucks, and it really does, but it’s the easiest language to learn the basics of for a reason