Trump Threatens 100% Tariffs on BRICS Over Dollar Alternatives Amid $7 Trillion De-Dollarization Push by Emerging Economies
President-elect Donald Trump’s threat of 100% tariffs against BRICS nations marks another chapter in the ongoing tension between established and emerging economic powers. His Saturday declaration on Truth Social demanding these nations avoid creating alternatives to the U.S. dollar warrants careful examination through the lens of global trade dynamics. “The idea that the BRICS Countries ...