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Donald Trump Threatens BRICS Countries: Donald Trump is in action mode after taking oath as US President. Trump has signed 78 executive orders to reverse decisions taken by the Biden administration. There are many important things in all these decisions of Donald Trump, which are being discussed everywhere. Meanwhile, the big thing is that the new President of America has also warned the BRICS countries.
There will be consequences for anti-American policies
President Trump has warned the BRICS group of countries, saying that if BRICS brings anti-American policies, they will have to face consequences and they will not be happy. Trump said that these countries have tried to do many things against the interests of America, if these countries continue doing this then whatever happens to them, those countries will not be happy. India is also included in BRICS countries.
Said to impose 100 percent tariff
Trump threatened that if the BRICS countries tried to weaken the US dollar, he would impose 100 percent tariffs on them. His threat is for the countries included in the BRICS alliance which include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Along with this, Türkiye, Azerbaijan and Malaysia have applied to become members of BRICS.
Putin had said a big thing
Let us tell you that, in the summit of BRICS countries held in October last year, Russian President Vladimir Putin had accused America of weaponizing the dollar and called it a big mistake. At that time Putin had said that it is not us who are refusing to use the dollar. But, if they are not letting us work, what can we do? We are forced to find alternatives.
US dollar dominance in global trade
By the way, the US dollar is by far the most used currency in global trade and has been successful in maintaining its superiority despite the challenges faced in the past. BRICS members and other developing countries say they are fed up with America’s dominance in the global financial system. BRICS countries want to better pursue their economic interests by reducing global dependence on the US dollar and euro.
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