Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

Dems like you still don't understand tariffs are a good thing.
Fools like you don't understand protectionist tariffs are a far left tool. They are the very opposite of right wing free trade policy.

That's why Biden kept them in place. D'oh!

I predicted way back in 2016 Trump would lead you all into the far left cave.

TA-DAAAA!
 
Democrats used a $100 billion dollars of Media spreading propaganda 24 hrs a day for the last 8 years.

Sounds like a huge illegal campaign violation to me as well as defamation of character.
You have to have a character of value in order to defame it. It is what it is.
 
Now he is getting serious. It is critical that the U.S reserve currency remain as such.


WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining.

While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system.

The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization.

Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.
Trump is blustering fake vibes.
 
The tariffs won't be fake and the deportations won't be fake.
Will they be like the border wall trump had Mexico build. We ended paying 18 billion for 452 miles of border fence. Nice going ! FYI : The US / Mexico border is almost 2,000 miles long.
 
Legal but not effective in general.
the forces of economics involve too many variables ---forecasting
this or that 'move'---is virtually impossible
 
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the forces of economics involve too many variables ---forecasting
this of that 'move'---is virtually impossible
Good point , but I was preaching the best case scenario , not the worst. Some things you don't want to know.
 
yes---in international relationships--DEFINITELY ---often in interpersonal
relationships

Probably not and shouldn't
The Korean War never officially ended , , we are in a truce with them to this day.
 
Now he is getting serious. It is critical that the U.S reserve currency remain as such.


WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining.

While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system.

The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization.

Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.

But he also said he wants to devalue the dollar in order to make US goods more competitive when other countries put tariffs on US goods in backlash at his own tariffs that he wants to put on other countries for no good reason.

So, that would speed up the destruction of the US dollar as the world currency.

it's amazing.
 
Bullshit, he will not put a 100% tariff on India or Saudi Arabia.

Didn't even put the Saudis on his "Muslim ban" when Saudi Arabia had the most number of 9/11 participants, in fact he didn't put a single country that had representation on 9/11 on his "Muslim ban"....
 
The U.S can also force embargoes and use other levers to prevent food from entering some of these countries.

Trump has to get the far-left fools in Europe to wake up and build their military. Even when Canada was not fully funding our military we were sending $10s of billions to Ukraine who in turn purchased U.S weapons. We have tried to do out part.

Something to consider. Everyone on here knows I am no apologist and I fully believe that Canada should fund the military to 2%. That said, Trudeau hasn't been nearly as bad as some say, though he has a steep climb for re-election due to inflation and other issues.
It’s time for Western Europe to put some skin in the game.
 
But he also said he wants to devalue the dollar in order to make US goods more competitive when other countries put tariffs on US goods in backlash at his own tariffs that he wants to put on other countries for no good reason.

So, that would speed up the destruction of the US dollar as the world currency.

it's amazing.
You got that right. It's all schemes and he is foolish enough to believe no one will see through it. He is making US more vulnerable by not thinking before speaking and taking risky steps.
 
Didn't even put the Saudis on his "Muslim ban" when Saudi Arabia had the most number of 9/11 participants, in fact he didn't put a single country that had representation on 9/11 on his "Muslim ban"....
why are you focusing on the specific participants of 9/11. They were
Sunni muslims with a Sunni muslim POV
Didn't even put the Saudis on his "Muslim ban" when Saudi Arabia had the most number of 9/11 participants, in fact he didn't put a single country that had representation on 9/11 on his "Muslim ban"....
9/11 was not a Saudi government action and is not the ONLY
example of islamo nazi terrorism
 
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