Trump threatens BRICS with 100% tariff – trade war on the horizon?

Trump threatens BRICS with 100% tariff – trade war on the horizon?

Concentrated threat from Washington! US President Donald Trump has given the BRICS countries, consisting of Brazil, Russia, India, China and South Africa, a surprising slap in the face. If they continue to play with de-dollarization, Trump will threaten a whopping 100 percent tariff hammer! The iron-fisted president said that if BRICS promotes trade in local currencies, the US will respond with undisguised harshness and “at least 100% tariffs”. For the BRICS, the explosive game with the dollar is becoming a dizzying tightrope walk.

Trump has been preaching the need to protect the dollar as the world currency since last year. At a press conference, he thundered that the end of the dollar privilege would be tantamount to a war loss. So it's no wonder that he's now coming out with such guns. At the most recent media meeting, he made it clear: If there is an unfair money game, it will be expensive for the BRICS. The United States is consistently implementing the punitive tariffs as a “Fair and Reciprocal Plan” – a package that is intended to ensure balanced trade practices. Trump's intransigent stance stems from the fact that the US economy is treated openly but unequally.

What is BRICS doing in the meantime? No own currency in sight, but the dollar war is still being fueled! The goal is clear: dependence on the greenback should continue to decrease in order to promote a fairer global economy. Despite all Trump's tirades, the alliance remains on its course. It remains to be seen whether the US threat will really shake the power of the BRICS watcher.guru reports.