Donald Trump Warns BRICS Against Ditching the US Dollar, Threatens Retaliation

 Donald Trump Warns BRICS Against Ditching the US Dollar, Threatens Retaliation 

Former U.S. President Donald Trump has once again warned the BRICS nations against moving away from the U.S. dollar in global trade, threatening severe economic consequences if they attempt to do so. In a recent post on his Truth Social platform, Trump made it clear that any efforts by BRICS to abandon the dollar would result in the imposition of a 100% tariff on their goods.  

### **Trump’s Strong Warning to BRICS**  

Trump emphasized that the U.S. would not stand idly by while BRICS countries attempted to create an alternative currency. He stated:  

*"The idea that BRICS nations are trying to move away from the U.S. dollar while we just watch is over."*  

He further added that the U.S. would demand a commitment from BRICS members that they would not introduce a unified currency or support any other currency to challenge the dominance of the U.S. dollar. If they refused to comply, Trump warned, they should expect heavy tariffs and a loss of access to the American market.  

### **Trump’s Consistent Stance on BRICS and the Dollar**  

Trump has previously made similar remarks regarding this issue during his election campaign and past presidency. His stance remains firm that the U.S. dollar must retain its position as the primary currency for international trade.  

His statement comes amid growing concerns in Washington about the increasing influence of BRICS in global economics. The group, originally formed in 2006 by Brazil, Russia, India, and China, expanded in 2011 with the addition of South Africa. More recently, in January 2024, Egypt, Ethiopia, Iran, and the UAE joined BRICS, followed by Nigeria as a partner nation. This expansion signals the group's growing economic and political influence.  

### **The BRICS Challenge to the U.S. Dollar**  

BRICS has been actively discussing ways to reduce reliance on the U.S. dollar in international transactions. Some member states have already begun conducting trade in their local currencies, while others have advocated for a new common currency to counter the dominance of the dollar. The potential shift away from the U.S. dollar could have significant implications for global trade and finance, particularly for the American economy.  

Trump’s warning highlights the geopolitical and economic tension between the U.S. and emerging global powers. His proposed tariffs could spark a trade war, further complicating international relations.  

### **Conclusion**  

As BRICS continues to expand and explore financial alternatives, Trump's aggressive rhetoric signals potential economic conflicts ahead. Whether his threats will deter BRICS from pursuing financial independence from the dollar remains to be seen. However, with the global economic landscape shifting, the dominance of the U.S. dollar faces increasing challenges.  

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