Breaking News: Trump Threatens 100% Tariffs on BRICS Countries to Abandon 'Strong' Dollar

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President-elect Trump threatened that the countries in the BRICS bloc will leave the dollar regime with a 100% tariff, applying the same strategy as with China, Mexico, and Canada. Trump noted that the United States will not watch this bloc replace the dollar. Trump will close the US market to BRICS countries, declaring a 100% tariff if they abandon the dollar President-elect Trump has once again used tariffs as a weapon to maintain the US dollar as the primary reserve and trade currency. Trump has called on BRICS countries, known for their non-dollarization agenda, to cease efforts to create a new monetary and payment system, threatening to impose 100% tariffs on their products destined for the US. In a social media post, Trump commented that his future administration will not stand by and watch this happen. He declared: We demand that these countries commit not to create a new BRICS currency, as well as not to support any other currency to replace the strong US dollar. Furthermore, Trump noted that if these countries continue to develop their non-dollar denominated nuclear programs, they will face a 100% tariff and should "get ready to say goodbye to selling into the great economy of the United States". Trump's statement seems similar to statements focusing on Mexico, China, and Canada, using tariffs to force countries to surrender and reach agreements with countries affected by these measures. However, the situation of BRICS may be slightly different because Russia, one of the largest countries in the bloc, is not voluntarily abandoning the US dollar but is forced to do so due to sanctions imposed as a result of Moscow's involvement in the conflict with Ukraine. In November, President Putin addressed the situation in Russia, stating that they do not reject the dollar and have no intention of abandoning it. "We are only being denied the use of the dollar as a payment tool," Putin explained clearly. Trump's announcement has raised speculation about the next steps of the upcoming administration, including incorporating bitcoin into the equation and the possibility of lifting sanctions on Russia to allow the country to resume dollar-based payments.

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