President Donald Trump on Tuesday reiterated a previous warning to BRICS nations that he would be imposing an additional 10 percent tariff on them, saying the bloc was created to replace the U.S. dollar as the dominant currency for international trade.
Speaking to journalists during a meeting with Cabinet officials at the White House, Trump said: “If they’re a member of BRICS, they’re going to have to pay 10 percent tariff just for that one thing. And they won’t be a member long.”
The president said that while he doesn’t see the bloc as “a serious threat,” it was set up to “destroy the dollar so that another country can take over and be the standard.”…
Trump Says BRICS Members Will Get Additional 10 Percent Tariffs Over Dedollarization Attempt
