December 1, 2024 7:51 AM.
US President-elect Donald Trump demanded that BRICS member countries commit not to create a new currency or supporting another currency that would replace the United States dollar or face 100 per cent tariffs.
In a social media post, Mr. Trump said, we require a commitment from these countries that they will neither create a new BRICS Currency nor back any other Currency to replace the US Dollar.
He said, there is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America.
“The idea that the BRICS Countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump said in a post to his Truth Social network on Saturday.
“We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy,” he added.