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Showing posts with the label de-dollarize

Trump Threatens Trade War: Warns of 100% Tariffs on BRICS

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Speaking live today, US President Donald Trump threatened a potential trade war as he reinforced his 100% tariff threat to the BRICS alliance. Indeed, Trump spoke on the implications of their continued efforts to de-dollarize and settle trade in local currencies. The threat mirrors similar sentiments Trump made throughout his campaign or reelection last year. Indeed, he had already threatened that BRICS would be subject to import taxes if they continued to encourage global trade to be settled outside of the greenback. Now, he has once again reaffirmed those impending consequences. JUST IN: President Trump says "BRICS will be hit if they play with the dollar." pic.twitter.com/BjzPtQNosh — BRICS News (@BRICSinfo) February 13, 2025 Also Read: BRICS: US Trade War, Tariffs Has Global Markets Preparing For The Worst Trump Issues 100% Tariff Warnings to BRICS, “If They Want to Play Games With the Dollar.” Last year, Donald Trump spoke adamantly about the importance of keeping the ...