U.S. Demands BRICS Countries Not Create New Currency, Threatens Tariffs, Trump Meets Trudeau

World News News

U.S. Demands BRICS Countries Not Create New Currency, Threatens Tariffs, Trump Meets Trudeau
BRICSU.S. DollarTariffs
  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 58 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 51%

The U.S. has warned BRICS countries about creating a new currency to replace the U.S. dollar, warning of 100% tariffs if they proceed. Additionally, President Trump met with Canadian Prime Minister Trudeau to discuss border issues, trade, energy, and the Arctic.

on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.

“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,”“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.

Meanwhile, Trump also said on Saturday that he had a “very productive” meeting with Canadian Prime Minister Justin Trudeau in which they discussed border-related issues and other topics including trade, energy, and the Arctic. “We discussed many important topics that will require both countries to work together to address, like the Fentanyl and drug crisis that has decimated so many lives as a result of illegal immigration, Fair Trade Deals that do not jeopardize American workers and the massive trade deficit the US has with Canada,” Trump said in a post on Truth Social.

“Trudeau has made a commitment to work with us to end this terrible devastation of US families,” he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SABC News Online /  🏆 32. in ZA

BRICS U.S. Dollar Tariffs Trump Trudeau Trade Deals

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Donald Trump Threatens 100% Tariffs on BRICS CountriesDonald Trump Threatens 100% Tariffs on BRICS CountriesPresident-elect Donald Trump has threatened to impose a 100 percent tariff on the BRICS group nations if they attempt to undermine the US dollar's dominance.
Read more »

Brics, G20 and Trump 2.0: A new geostrategic balance of power?Brics, G20 and Trump 2.0: A new geostrategic balance of power?China’s changing priorities towards funding African development through smaller projects show a possible willingness to adapt to African priorities and economic
Read more »

Trump victory: Trouble for the rand and Brics allies, joy for cryptoTrump victory: Trouble for the rand and Brics allies, joy for cryptoThe Rand has suffered losses in the wake of the Trump win, while there is also concern about South African trade with the US.
Read more »

Brics Pay a challenger to dominant international money transfer system SWIFTBrics Pay a challenger to dominant international money transfer system SWIFTThere is good reason to believe that Brics Pay could be a net positive for cross-border payments
Read more »

BRICS offered Turkey partner country status: Trade Minister - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.BRICS offered Turkey partner country status: Trade Minister - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Turkey, a NATO member, has in recent months voiced interest in joining the BRICS.
Read more »

Trump meets Biden at White House to discuss power transfer - SABC News - Breaking news, special reports,Trump meets Biden at White House to discuss power transfer - SABC News - Breaking news, special reports,Biden has portrayed Trump as a threat to democracy, while Trump has portrayed Biden as incompetent
Read more »



Render Time: 2025-02-15 03:12:16