Trump makes strong threats against BRICS for fear of establishing a currency that will compete with the US $

The President-elect of the United States, Donald Trump, has issued strong threats to the member states of the BRICS community, saying that they will face 100% tariffs on their products if they try to establish a reserve currency to compete with the US dollar currency.

Trump, who has repeatedly threatened to use the weapon of tariffs to achieve his geopolitical goals, has written on his Truth Social platform: "The idea that the BRICS countries are trying to get rid of the dollar while we stand by and watch is OVER".

Trump has gone on to say that he will ask the BRICS countries to pledge not to create a common currency, "nor support any other currency to replace the strong US dollar," or face 100% tariffs.

The president-elect of the United States continued to tease saying: "they can go find another 'exploiter!'" and added by saying: "there is no chance that BRICS will replace the US dollar in international trade, and any country that tries to do so should wave it off." Goodbye America."

BRICS initially included Brazil, Russia, India, China and South Africa, and was expanded in January this year to include Egypt, Iran, Ethiopia and the United Arab Emirates (UAE). About 30 other countries have expressed interest in joining the group of emerging economies.

Russia, which currently holds the rotating presidency of the group, floated the idea of ​​establishing a BRICS currency in 2022. Brazilian President Luiz Inacio Lula da Silva supported Moscow's proposal last year, saying, having the option to do business using Another reserve currency will reduce the BRICS countries' "sensitive vulnerability" to the devaluation of the dollar exchange rate.

In October, Kremlin Spokesman Dmitry Peskov announced that, cooperation within BRICS is not directed against anyone or anything; not against the dollar or other currencies, but its main goal is to guarantee the interests of the member countries of the community.../