NAIRAMETRICS
United States President-elect, Donald Trump, has vowed to impose 100% tariffs on BRICS countries that seek to replace the U.S. dollar in international trade.
He disclosed this in a statement posted on his official Facebook page on Sunday.
Trump, who is renowned for his “America First” policy, maintained that the U.S. will not watch idly as BRICS countries take such a stance against his country.
Ignoring the U.S. Dollar is Over – Trump
- According to Trump, the idea that the BRICS countries are trying to move away from the dollar while the United States stands by and watches is “over.”
- Trump urged governments of countries considering this move to reconsider, vowing several bilateral sanctions if they do not reverse their decision.
- Specifically, he threatened to impose 100% tariffs on such countries, in addition to blocking U.S. trade with them.
He stated:
“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. If they do not comply, they will face 100% tariffs and should expect to say goodbye to selling into the wonderful U.S. economy.
“They can go find another ‘sucker!’ There is no chance that the BRICS will replace the U.S. dollar in international trade, and any country that tries should wave goodbye to America.”