Trump threatens BRICS with tariffs if they replace US dollar
Trump threatens BRICS with tariffs if they replace US dollar
US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency. He has also threatened Canada and Mexico with tariffs.
Summary
Trump has threatened BRICS nations with 100% tariffs if they attempt to replace the US dollar as the global reserve currency, calling them “seemingly hostile countries.”
BRICS, which includes major economies like China, India, and Russia, has been discussing an alternative reserve currency, especially after Western sanctions on Russia.
The power of the US dollar in the world has strengthened recently. It remains the world's primary reserve currency and there is a huge worldwide reliance on it.
I predict a huge collapse of the us dollar before his term is up
Jfc, he's like a toddler with a new word, just jamming it in everywhere to see if it fits. Try the keys in the light socket while you're at it, Donnie!
Sure, and if the BRICS countries offer free spaghetti dinners for residents, I'll sprout wings and fly there. This is notoriously not going to happen.
Hahahahahaha
That's the biggest threat the US is actually facing.
That's how all those big juicy trade deficits are actually funded Donnie, by the USD being the reserve currency and by the rest of the world buying US bonds. Literally what Nixon replaced Bretton Woods with.
Hahahahahahaha
I mean, if he slaps tariffs on everyone, he may just accidentally bring about world peace when everyone just decides to stop dealing with the US.
That's their idea. BRICS know they can't beat USA in a straight on fight. But using a different economic model, set up alternative trade, USA can be made irrelevant in the long. USA really likes to play for short term gains, what is a weakness that can be exploited, especially with a "it hurt itself in its confusion" leader.
Idk, honestly one of the larger selling points to global trade was that you'd be much less likely to want to go to war with someone you relied on. If there is literally nothing connecting you then war is a much "easier" option to choose. :/
In a world United against the US, there's no war the US can wage effectively. There's only so much power you can project from aircraft carriers, and nukes are essentially off the table.
BRICS was also designed for exactly this scenario; a rogue US finally showing its whole ass to the world. They'll survive regardless of what the US tries, whether it's sanctions, tariffs or invasions.
Tariff, tariff, tariff. It's all he ever does when it comes to any other country doing something he doesn't like. As if that solves all international issues.
Weird how no other country has such a policy and they seem to do fine...
Now, that's not true.
You can pick any poor country at random, and you'll find that one policy there with almost no exceptions.
You're right, I wasn't thinking about colossal shitholes.
trump threatens punishing USA citizens if foreign entities do something he doesn't like
Think China might be thinking it's ready, and that these tariffs only help fuel innovation.
This guy is all stick and no carrot.
Have you seen that bronzer?! He must be some carrot, but it’s only skin deep.
It's like his politics start and end through/with violence.
I wish I could remember - there was an Italian word for it. Oh well.
"If you don't stay I will shit my pants so hard that you have to leave"
He looks like he is Self-anointing like some Capuchin Monkey.
