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President Trump threatens 100% tariffs and permanent breakup for Putin's BRICS if they dethrone US dollar

The article from MSN discusses former President Donald Trump's reaction to the potential de-dollarization efforts by the BRICS countries (Brazil, Russia, India, China, and South Africa). Trump has threatened to impose a 100% tariff on countries that attempt to dethrone the U.S. dollar as the world's reserve currency. He warned of a "permanent breakup" with these nations, suggesting severe economic repercussions if they continue to challenge the dollar's dominance. This statement comes in the context of increasing discussions among BRICS nations about reducing their reliance on the U.S. dollar in international trade, potentially through mechanisms like a common currency or increased use of their own currencies in bilateral trade. Trump's comments reflect his administration's hardline stance on maintaining the dollar's global financial supremacy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/president-trump-threatens-100-tariffs-and-permanent-breakup-for-putin-s-brics-if-they-dethrone-us-dollar/ar-AA1v2yGy ]