Trump threatened BRICS with 100% tariffs if they replace dollar as reserve currency
US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency.
The BRICS group consists primarily of Brazil, Russia, India, China and South Africa.
In the last few years, Egypt, United Arab Emirates, Ethiopia, Iran and Indonesia have also joined the group, bringing the number of members to eleven.
Deutsche Welle 31 January 2025
https://www.dw.com/en/trump-threatens-brics-with-tariffs-if-they-replace-us-dollar/a-71464802
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