this post was submitted on 31 Jan 2025
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Summary

Trump has threatened BRICS nations with 100% tariffs if they attempt to replace the US dollar as the global reserve currency, calling them “seemingly hostile countries.”

BRICS, which includes major economies like China, India, and Russia, has been discussing an alternative reserve currency, especially after Western sanctions on Russia.

The power of the US dollar in the world has strengthened recently. It remains the world's primary reserve currency and there is a huge worldwide reliance on it.

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[–] [email protected] 24 points 4 hours ago

Jfc, he's like a toddler with a new word, just jamming it in everywhere to see if it fits. Try the keys in the light socket while you're at it, Donnie!