BRICS: BRICS countries shaken by Donald Trump’s threat, Russia and China on target, but India will also be affected

Washington. US President-elect Donald Trump on Saturday gave a stern warning, in which he demanded the BRICS countries to refrain from creating a new currency or supporting any other currency in place of the US dollar, otherwise they would face 100% tariffs. Will have to face. It is believed that Trump is trying to target Russia and China through his statement, but if he does what he is saying, then India will also have to suffer the consequences.

On his social media platform “Truth Social”, Trump said, “We want a commitment from these countries that they will neither create a new BRICS currency, nor support any other currency in place of the US dollar. If this happens, they will not only have to face 100% tariff, but will also have to say goodbye to the sale of their goods in the American market.

He also said, “He can find another ‘fool’. There is no possibility that BRICS will replace the US dollar in international trade, and any country that tries to do so should say goodbye to the US.” This statement comes amid rumors that members of BRICS countries are considering a new common currency or other options instead of the US dollar. This statement of Trump can have a significant impact on the global economy and America’s currency policy.

It is noteworthy that BRICS countries had expressed the possibility of strengthening their economic relations and considering other options instead of the dollar in international trade. However, this statement of Trump has started a new debate, in which questions are being raised on the global monetary system and America’s influence. BRICS is an organization of five countries, which include Russia, India, China as well as Brazil and South Africa.

Just last month, the 2024 BRICS summit was held in Kazan, Russia, the sixteenth annual BRICS summit, the first BRICS summit to include Egypt, Ethiopia, Iran and the United Arab Emirates as members. The organization of these countries was entered in the 15th BRICS summit. During this period, PM Narendra Modi also had a bilateral meeting with Russian President Vladimir Putin.

Tags: China, Donald Trump, Narendra modi, Russia, Vladimir Putin, xi jinping

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