'Losing Dollar Is Like Losing World War': Trump Threatens BRICS Nations, Including India, With 10% Additional Tariff

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Trump claimed that BRICS was established to “hurt" the US and "degenerate" the dollar, as he warned bloc countries would face a 10% additional tariff.

Transcript

00:00That would be India, Brazil.

00:04That's right.

00:05They have to pay 10 percent if they're in BRICS.

00:07Because BRICS was set up to hurt us.

00:09BRICS was set up to degenerate our dollar and take our dollar as the standard,

00:15take it off as the standard.

00:17And that's okay if they want to play that game.

00:19But I can play that game, too.

00:20So anybody that's in BRICS is getting a 10 percent charge.

00:23Is that immediate, sir?

00:24Yeah, pretty soon.

00:25Or is that if they engage in this time to begin here?

00:27Well, if they're a member of BRICS,

00:29they're going to have to pay 10 percent tariff just for that one thing.

00:32And they won't be a member alone.

00:34I thought BRICS was, you know, I said this about a year ago,

00:38and it largely broke up.

00:40But, you know, there are a couple that hang around.

00:43But I thought it largely broke up.

00:44BRICS is not, in my opinion, not a serious threat.

00:47But what they're trying to do is destroy the dollar

00:50so that another country can take over and be the standard.

00:54And we're not going to lose the standard at any time.

00:57If you have a smart president, you will never lose the standard.

01:00If you have a stupid president, like the last one,

01:02you would lose the standard.

01:04You wouldn't have the dollar as you.

01:06And if we lost the world standard dollar,

01:11that would be like losing a war, a major world war.

01:15We would not be the same country any longer.

01:17We're not going to let that happen.

01:19The dollar, you ever hear the expression, dollar is king?

01:22We're going to keep it that way, okay?

01:25And I'm just saying, if people want to challenge it, they can.

01:30But they're going to have to pay a big price.

01:31And I don't think any of them are willing to pay that price.

01:34I don't think any of them are willing to pay that price.

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