Trump Threatens BRICS, Demands Not to Create Alternative to US Dollar
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US President-elect Donald Trump has begun threatening BRICS. Let us recall that BRICS includes countries from different continents. These are Russia, China, Brazil, India, South Africa, Ethiopia, Iran and others.
Trump said he was demanding a "commitment" from BRICS that they "will not create their own single currency."
Trump's account published threats against BRICS:
We demand that they do not create a single BRICS currency or support any other currency to replace the mighty dollar. If they do not, they will receive 100 percent tariffs from the US and say goodbye to sales to our wonderful economy.
According to Trump, who himself criticized the dollar and the gigantic American debt in his campaign rhetoric, “there is no chance of replacing the US dollar.”
Trump:
Anyone who tries to do this must say goodbye to the United States.
I wonder if anyone has reminded Trump that China holds over a trillion dollars in US debt and is the US's largest exporter. If Trump were to cut off US trade with China, entire sectors of the US economy could go down the drain, since no non-BRICS bloc can currently supply the US with such volumes of goods and services.
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