{"id":143735,"date":"2024-12-02T10:00:57","date_gmt":"2024-12-02T08:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143735"},"modified":"2024-12-01T18:33:46","modified_gmt":"2024-12-01T16:33:46","slug":"brics-trump-threatens-tariffs-over-attempts-to-replace-u-s-dollar","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/brics-trump-threatens-tariffs-over-attempts-to-replace-u-s-dollar\/","title":{"rendered":"BRICS: Trump Threatens Tariffs Over Attempts to Replace U.S. Dollar"},"content":{"rendered":"<p>Trump has <strong><a href=\"https:\/\/x.com\/realDonaldTrump\/status\/1863009545858998512?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1863009545858998512%7Ctwgr%5E45400c445dd819c7539e7561fc0785a8212ef5ed%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoinpedia.org%2Fnews%2Ftrump-warns-brics-against-move-to-replace-usd-threatens-for-100-tariffs%2F\" rel=\"nofollow\">demanded<\/a> <\/strong>a commitment from the bloc\u2014which includes economic heavyweights like China, India, and Russia\u2014to steer clear of alternatives to the dollar. Failure to comply, he warned, would result in severe tariffs and restricted access to the U.S. market.<\/p>\n<p>Throughout the years BRICS has become a platform for its members, including South Africa and newer additions like Iran and the UAE, to explore collaborative financial strategies. While Russia and China have pushed for a shared currency, India has remained cautious. Trump\u2019s firm stance, expressed via social media, leaves little room for negotiation, asserting that any such move would have dire consequences for trade relations.<\/p>\n<p>Trump has long advocated for preserving the dollar\u2019s status as the world\u2019s reserve currency. He views any shift away from it as a significant threat to U.S. economic power. Measures under consideration include tariffs and export controls targeting countries that engage in non-dollar trade. According to Trump, the dollar\u2019s supremacy is not just a financial necessity but a cornerstone of American global influence.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-143685\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Frustrations among BRICS members have grown, particularly over what they see as America\u2019s outsized role in global finance. Russian President Vladimir Putin has criticized the U.S. for using the dollar as a political weapon, arguing that sanctions have forced his country to explore alternatives. However, Trump has dismissed such claims, emphasizing that the dollar\u2019s primacy is non-negotiable.<\/p>\n<p>Trump\u2019s economic plans extend beyond the BRICS bloc. He has already proposed tariffs on Mexico, Canada, and China, citing concerns over drug trafficking and illegal immigration. As his second term approaches, these tough policies signal a continuation of his \u201cAmerica First\u201d agenda, with the dollar\u2019s dominance<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump has made a bold move to defend the U.S. dollar&#8217;s dominance, warning BRICS nations against creating or supporting any currency that could rival it.<\/p>\n","protected":false},"author":7,"featured_media":19163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[60],"tags":[122],"coin_category":[],"class_list":["post-143735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BRICS: Trump Threatens Tariffs Over Attempts to 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