Vikrant Shekhawat : Dec 01, 2024, 08:48 AM
Donald Trump News: America's newly elected President Donald Trump has created a stir in international politics even before his coronation. He warned the BRICS countries (Brazil, Russia, India, China and South Africa) that if these countries try to support any other currency in place of the US dollar, then it will have to face serious consequences.Trump's statement on 'Truth Social'Donald Trump said in a post on his social media platform 'Truth Social', "We want a clear commitment from the BRICS 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 have to face 100% tariff, and there will be a complete ban on the sale of their goods in the US market."Emphasis on the status of the US dollarTrump emphasized that it is impossible to accept any other currency in the international market in place of the US dollar. He said, "Any country that tries to do this should be ready to completely break ties with America."Discussion on the currency of BRICS countriesRecently, the BRICS countries had indicated to strengthen their economic partnership and consider other options instead of the dollar in international trade. This step is being seen as a challenge to America's dominance. However, Trump's statement is an attempt to put a stop to the possible plans of the BRICS countries in this direction.Tariff plan on China, Canada and MexicoTrump's threats are not limited to BRICS only. Recently, he announced to impose heavy tariffs on goods coming from China, Canada and Mexico. He says that after taking power, 10% duty will be imposed on products imported from China and 25% duty will be imposed on goods imported from Canada and Mexico.International impactThis statement of Donald Trump will not only affect the economy and currency policy of America, but it will also have a deep impact on the world economy. It will be important to see what strategy the BRICS countries will have to face American threats.What will happen next?This aggressive stance of Trump has raised concerns in the international business world. What will be the stance of the BRICS countries will depend on their economic and political priorities. However, it is certain that this warning of Trump can set a new direction in global politics and economy in the next few months.