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2024-12-02 Economy
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Trump warns BRICS nations against replacing US Dollar
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[GEO.TV] US President-elect Donald Trump
...dictatorial for repealing some (but not all) of the diktats of his predecessor, misogynistic because he likes pretty girls, homophobic because he doesn't think gender bending should be mandatory, truly a man for all seasons...
issued a strong warning to BRICS nations on Saturday, demanding they pledge not to create a new currency or back any effort to replace the US dollar, Rooters reported.
He threatened that failure to comply would result in 100% tariffs on their goods.
''We require a commitment from these countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty US dollar or, they will face 100% tariffs, and should expect to say goodbye to selling into the wonderful US economy,'' Trump wrote on his Truth Social platform.
He added: ''They can go find another 'sucker.' There is no chance that the BRICS will replace the US dollar in international trade, and any country that tries should wave goodbye to America.''
Some BRICS leaders, notably from Brazil and Russia, have discussed creating a new currency to reduce the US dollar's dominance in global trade. However,
ars longa, vita brevis...
internal disagreements have hampered these efforts.
Trump's comments have raised speculation that his tough stance may be part of a broader negotiation strategy. Republican Senator Ted Cruz;
...US Senator from Texas. Republican contender for president in 2016, his stiff and abrasive manner earned him the title most hated man in the Senate. After a close win over Beto O'Rourke , who tried to out-Lastino him, he grew a beard and let his biting wit shine through. Cruz's comments have been known to leave life-threatening wounds at better than forty feet...
, when asked about Trump's tariff proposals, highlighted the strategic use of leverage. ''You look at the threat of tariffs against Mexico and Canada, immediately [it] produced action,'' Cruz said on CBS News' Face the Nation on Sunday. 
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Posted by Fred 2024-12-02 00:31||
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Posted by NN2N1 2024-12-02 04:39||
2024-12-02 04:39||
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Posted by Skidmark 2024-12-02 08:58||
2024-12-02 08:58||
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Posted by NN2N1 2024-12-02 09:53||
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Posted by Regular joe 2024-12-02 11:44||
2024-12-02 11:44||
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Posted by Ululating Platypus 2024-12-02 21:28||
2024-12-02 21:28||
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