Brief by Shorts91 Newsdesk / 05:45am on 31 Jan 2025,Friday International
Donald Trump warned BRICS nations, including India, against replacing the U.S. dollar, threatening 100% tariffs on those attempting to create an alternative currency. In a TruthSocial post, Trump said the U.S. would demand a commitment from BRICS members to avoid backing any currency against the dollar. The warning follows Russia’s 2024 statement supporting national currencies over the dollar. Trump also pledged 25% tariffs on Canada and Mexico and 10% on China over fentanyl concerns. As BRICS discussions on currency alternatives gain momentum, Trump's stance highlights growing geopolitical tensions.
