President-elect Donald Trump threatened 100% tariffs on BRIC nations if they undermine the dollar, emphasizing the U.S. dollar's dominance in global trade.
During a BRIC summit, Putin stated that the U.S. is 'weaponizing' the dollar and that Russia is forced to seek alternatives due to U.S. actions.
Trump warned that BRIC countries must not create or support an alternative currency to the dollar, threatening severe economic repercussions for compliance failure.
The BRIC nations, representing a growing share of global GDP, expressed frustration over U.S. currency dominance and pushed for de-dollarization in international trade.
Collection
[
|
...
]