US President-elect Donald Trump has asked a group of developing countries to commit to using the US dollar as their reserve currency and threatened to impose a 100% tariff if they try to abandon it.
"The idea that the BRICS countries are trying to move away from the dollar is over," Trump wrote on his Truth Social platform, referring to the acronym for the group that includes Brazil, India, Russia, China and South Africa.
The geopolitical alliance has expanded to include Iran, Egypt, Ethiopia and the United Arab Emirates, he writes Politico, the Telegraph reports.
"We demand a commitment from these countries that they will neither create a new BRICS currency, nor support any other currency to replace the mighty US dollar, or face 100% tariffs," Trump said.
Officials from the BRICS countries have reportedly discussed leaving the US dollar in recent years, including at last month's summit.
The concept gained attention in 2022 when the US imposed massive economic sanctions on Russia for its war in Ukraine.
"There is no chance that BRICS will replace the US dollar in international trade, and any country that tries to do so should say goodbye to America," declared the Republican.
The statement comes as the president-elect steps up his tariff threats after he announced plans to impose a 25% tariff on Mexico and Canada and an additional 10% tariff on China for illegal immigration and drug trafficking into the United States. /Telegraph/
Promo
Advertise herePrigozhin - Putin war
More
Musk says Reuters took millions of dollars from the Pentagon - Trump reacts: Return the money immediately

Two dates targeted by Trump and Putin for Ukraine ceasefire agreement revealed

German defense minister criticizes US "for concessions to Russia"

NATO tests its ability to "rapidly deploy across Eastern Europe" - without US help

Zelensky sanctions former Ukrainian president and group of billionaires who fled to Russia

Bus overturns in Turkey, at least four dead

104.5m² comfort - Luxurious apartment with an attractive view for your offices

Invest in your future - buy a flat in 'Arbëri' now! ID-140

Apartment for sale in Fushë Kosovë in a perfect location - 80.5m², price 62,000 Euro! ID-254

Ideal for office - apartment for rent ID-253 in the center of Pristina

Buy the house of your dreams in Pristina - DISCOUNT, grab the opportunity now! ID-123
Most read

A video of Gjesti going viral, where he addresses Egli with banal language in the bedroom

"Some people were killed here, inside our office": Zelensky reveals how they tried to kill him in the presidential palace

Who sells the most steel and aluminum in the US and who is facing tariffs?

Another fatal accident on the highway to Prizren

Gashi: LVV is trying to form the government itself – if it does it with the Serbian List, it is suicide

Professor from Belgrade: If an Association is created for Serbs in Kosovo, it should also be created for Albanians in Serbia