America first. Donald Trump is not yet officially in charge of the world's largest economy, but he has already taken matters into his own hands and is getting down to business. Faced with threats from the countries of the BRICS+ alliance to set up their own currency to trade with each other, the future 47th president of the United States of America bangs his fist on the table and threatens them with exorbitant customs duties. Back to a message that says a lot about Uncle Sam's fears.
- Donald Trump threatened BRICS+ countries with exorbitant tariffs if they created a new currency to replace the US dollar.
- Trump's statements highlighted US fears over attempts by some countries to reduce their dependence on the greenback.
The President-elect threatens countries that would like to create a new currency to replace the greenback
Following numerous statements from members of the BRICS+ and their allies, the threats to the dominant position of the greenback in the world are very real. Certainly, the countries of the BRICS alliance have their own national agendas and move forward in dispersed order, but the very idea of considering doing without the dollar is a crime of lèse-majesté that the very nationalist Donald Trump couldn't let it pass without reacting. So here is his message in extenso :
“The idea of the BRICS countries trying to move away from the dollar while we sit idly by is OVER. We demand that these countries commit not to create a new BRICS currency, nor support another currency to replace the powerful US dollar, otherwise they will face 100% tariffs and must expect to say goodbye for sale in the wonderful American economy. They can go find another “pigeon”! There is no chance that BRICS will replace the US dollar in international trade and any country that tries should kiss America goodbye. »
Donald Trump on BRICS and a new currency – Source: X account
How will America's trading partners react to this decision? What about essential trade with China? Will Brazil and India continue their common project at the risk of getting angry with the American ogre? We do not yet know if these are simple threats or if the United States really has the means to impose its law at the international level as its economic situation seems fragile. Mr. Trump's mandate has not yet begun, but we already feel that the tide has turned in Washington and that the four-year cycle which is about to begin promises to be lively on the international scene.
