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Trump repeats 100% tariffs threat to BRICS nations
Free Malaysia Today
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1 year ago
#fmtnews
#brics
#donaldtrump
#tariffthreat
The US president warns nations in the group Malaysia applied to join in July against replacing the US dollar as their reserve currency.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/01/31/trump-repeats-100-tariffs-threat-to-brics-nations/
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Transcript
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00:00
U.S. President Donald Trump has warned BRICS member countries against replacing the U.S.
00:06
dollar as a reserve currency by repeating a 100% tariff strike he made weeks after winning
00:11
the November presidential elections.
00:14
He emphasized the need for a firm commitment from these seemingly hostile nations that
00:19
they would neither create a new BRICS currency nor back any other currency to replace the
00:24
U.S. dollar.
00:25
At the time, Russia said that any attempt by the U.S. to compel countries to use the
00:29
dollar would backfire.
00:31
The BRICS grouping includes Brazil, Russia, India, China and South Africa, and a few other
00:37
countries that joined in the past couple of years.
00:40
BRICS does not have a common currency, but long-running discussions on the subject have
00:44
gained some momentum after the West imposed sanctions on Russia over the war in Ukraine.
00:50
Trump added that there was no chance BRICS would replace the U.S. dollar in international
00:54
trade and warned that any country attempting to do so would say hello to tariffs and goodbye
00:59
to America.
01:00
Natasha Abus, FMT News.
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