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Why Has Trump Threatened Brics Countries Over Dollar Alternative?

2024 • 3min • International • Politics • Explainer

Informative

A month after the 16th BRICS summit in Kazan, President-elect Donald Trump has issued a stern warning to the participating nations. Trump has threatened 100% tariffs on exports to the US for the BRICS members, which includes India, if they pursue efforts to replace the U.S. dollar in global trade.