US President-elect Donald Trump declared on his social media platform, Truth Social, that he would impose a 100 percent tariff on BRICS countries if they attempt to move away from using the US dollar in trade. Here is how leaders and experts from around the world responded.
Trump’s threat to BRICS and Egypt’s role in the alliance
SA responds to Trump’s tariff threat, denies BRICS currency talks
South Africa does not want a confrontation with the US, the Department of International Relations and Co-operation (Dirco) said after President-elect Donald Trump threatened to impose a 100% tariff on Brics countries if they launched a rival currency to the dollar.
Madonsela calls out ‘bullying’ and ‘supremacist’ tendencies after Trump’s 100% tariff threat to Brics countries
Former public protector Thuli Madonsela has condemned recent threats by US president- elect Donald Trump to impose 100% tariffs on Brics countries if they pursue the creation of a new currency.
Trump’s threats prove success of BRICS countries — Iranian top diplomat
US President-elect Donald Trump’s threats against BRICS countries show that the association is succeeding in its de-dollarisation efforts with increasingly more countries sharing its values, Iranian Foreign Minister Abbas Araghchi said.
Would Trump impose 100 percent tariffs on BRICS nations?
The US dollar is the world’s reserve currency – used for nearly 80 percent of global trade. Its dominance gives the United States major economic advantages and significant geopolitical influence across the world. But many nations in the BRICS group of emerging economies accuse Washington of using the greenback as a political tool.
Russian students learn about BRICS at Moscow Festival
More than 500 Russian schoolchildren from various regions participated in a BRICS Festival held in Moscow. The event, combined with an open day at the Moscow State Institute of International Relations (MGIMO University)’s pre-university education faculty, focused on the culture, languages, and activities of BRICS nations.
What Trump’s 100 pc tariff threat to BRICS means for India, global trade
This fiery rhetoric has raised significant questions about its implications for global trade.
Tariff threats on BRICS miss the point
While addressing a question regarding the US president-elect’s threat to impose a 100 percent tariff on BRICS countries if they don’t give up their plan to create a currency that could replace the US dollar, Lin Jian, a Chinese Foreign Ministry spokesperson, responded diplomatically concerning BRICS’ principles and China’s stance.
Trump’s threats to BRICS states if they ditch dollar will harm US — Indian expert
NEW DELHI, December 4. /TASS/. US President-elect Donald Trump’s threat to impose 100% tariffs on goods from BRICS countries if they choose to abandon the dollar will harm the United States due to shift of import flows, Ajay Srivastava, head of the think tank Global Trade Research Initiative, and a former Indian government trade official, said in a commentary for The Indian Express.
Israel’s Economy Minister backs Trump’s stance on BRICS, highlights strong ties with India and calls for regional peace
Israel Minister of Economy and Industry, Nir Barkat, expressed his support for US president-elect Donald Trump’s recent threat to BRICS countries regarding their de-dollarisation efforts.
Trump’s BRICS tariff threat raises stakes for Southeast Asian nations, analysts warn
Southeast Asian countries face mounting geopolitical and economic risks by aligning with Brics nations, particularly after US president-elect Donald Trump’s recent threats of hefty tariffs, with experts urging the region’s leaders to consider the potential benefits of the bloc against the risk of alienating Washington.
Trump might be shooting himself in the foot with his threat of 100% tariffs for BRICS
Donald Trump has set his sights on the Brics coalition. The US president-elect declared on Truth Social that Brics nations would face 100% tariffs if they dared to pursue a unified currency or back alternatives to the US dollar.
Trump’s threat to BRICS countries harmful to all sides – Malaysian Minister
US President-elect Donald Trump’s threat to impose duties on BRICS member countries will harm all parties as it hinders efforts to prevent disruptions in the global supply chain, Malaysian Minister of Investment, Trade and Industry Zafrul Abdul Aziz said.
Malaysia says any U.S. tariffs on BRICS nations could impact semiconductor supply
Malaysia said any attempt by the incoming Trump administration to impose tariffs on BRICS countries for trying to create a new currency or use alternatives to the dollar could cause global semiconductor supply chain disruptions.
