Trump Warns BRIC Nations Of 100% Over Efforts To Replace Dollar With Alternative Currencies

Benzinga

President-elect Donald Trump has issued a stark warning to the BRIC alliance, threatening 100% tariffs if the bloc. The bloc comprises Brazil, Russia, India, China, South Africa, and others, advancing efforts to replace the U.S. dollar. Trump's remarks were shared on Truth Social, and targeted the alliance's de-dollarization strategies, including the creation of alternative currencies for trade. The BRIC nations and other developing countries have criticized U.S. dominance in global finance. Russian President Vladimir Putin accused the U.S. of weaponizing the dollar.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02President-elect Donald Trump has issued a stark warning to the BRIC alliance,

00:05threatening 100% tariffs if the bloc, consisting of Brazil, Russia, India, China,

00:10South Africa and others, advance efforts to replace the US dollar.

00:13Trump's remarks were shared on TruSocial, targeting the alliance's de-dollarization

00:18strategies, including the creation of alternative currencies for trade.

00:22The BRIC nations and other developing countries have criticized US dominance in global finance.

00:27Russian President Vladimir Putin accused the US of weaponizing the dollar.

00:30For all things money, visit Benzinga.com slash GSTV.

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