Trump Threatens 100% Tariff on BRICS Nations

President-elect Donald Trump has issued a stark warning to BRICS nations, threatening to impose a 100% tariff on countries that attempt to create or support a currency to replace the U.S. dollar. In a post on Truth Social, Trump emphasized the need for these nations, which include Brazil, Russia, India, China, and South Africa, to commit to not pursuing alternative currencies or face severe economic consequences. He declared that any efforts to undermine the dollar would result in countries being cut off from the U.S. economy. Trump has long maintained that the U.S. dollar should remain the world's reserve currency, and this announcement reflects his intent to enforce that policy aggressively. The BRICS group had been discussing the idea of a new currency, which has gained traction amid growing dissatisfaction with dollar dominance. This move is seen as part of a broader strategy to maintain U.S. economic hegemony in global trade.