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Breitbart Economics and Financial Editor John Carney breaks down the cause of President Donald Trump to threaten tariffs and the NPR’s unsuccessful fact control in the “lower row”.
In an obvious offer to preserve the global economic dominance of the US dollar, President Donald Trump has repeated a 100% tariff threat to BRICS.
The President demands that countries commit not to create a Bricics currency or to support the US dollar’s hegemony.
“The idea that the BRICS countries try to move away from the dollar while standing and watching is over,” Trump warned at the Truth Social Post on Thursday.
Trump warns BRICS countries if they try to replace the dollar: “100% tariffs”
President Donald Trump talks to journalists about the collision of American Airlines flight with the military Black Hawk helicopter in the Washington DC at the White House Brady press conference. (Chip Somodevilla/Getty Images)
BRICS is an abbreviation that refers to nations of Brazil, Russia, India, China and South, although the block includes many other countries.
“These seemingly hostile countries will need to create a new BRICS VAILA and do not support other currencies to replace the huge US dollar, or to face 100% tariffs and expect to say goodbye to the wonderful US economy “Trump continued.
“They can find another sucker nation. There is no chance that Brics will replace the US dollar in international trade, or anywhere else, and to any country trying to thank the tariffs and say goodbye to America!” Asked.
Chinese President Xi Jinping and Russian President Vladimir Putin shake hands when they participate in Kazan, Russia on October 22, 2024. (Kristina Kormilitsyna/Photohost Agency/Anadolu through Getty Images)
Trump, who took office again last week, issued an almost identical threat to social media in November.
A leading economist at Euro Pacific Asset and Peter Schiff’s global strategy who discusses economic and political issues in the “The Peter Schiff Show” podcast and returned with Trump’s comment last year.
“The relationship is backwards. Brics nations are suckers to accept Fiat after their real consumer goods. We get actual products that make our lives better in inflation,” Schiff tweeted in December, responding to Trump’s November BRICS countries.
Putin greets me, India, China at BRICS summit to discuss the “new world order” to attack the West
Russian president, Vladimir Putin, Chinese President XI Jinping and Indian Prime Minister Narendra Modi, will be on display at a limited participation meeting of BRICS leaders at the BRICS 16 BRICS summit in Kazan, Russia. October 23, 2024. (Alexei Danichev/Photohost Agency/Anadolu via Getty Images)
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According to Reuters, Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia are also members.
Brazil, which is holding the BRICS presidency this year, suggested that Saudi -Arabia are a member of the BRICS, but Saudi Minister of Economy and Planning, Faudi Alibrahim recently told Bloomberg Television that while the nation is invited to BRICS , before making a decision before making a decision before making a decision before making a decision before making a decision before making a decision. Or
