News: 🇺🇸 Donald Trump says that if he is elected as president, he will impose 100% tariffs on countries that distance themselves from the US dollar.
Donald Trump, the 2024 Republican presidential candidate, announced at a rally in Wisconsin that if he is elected president, he will impose a 100 percent tariff on countries that move away from using the US dollar. He emphasized that the purpose of this action is to prevent the weakening of the dollar in the world markets.
"If you leave the dollar, you will no longer do business with America because we will impose 100 percent tariffs on your goods," Trump said. The comments came after months of consultations with his economic team, who have discussed ways to punish countries that seek to trade bilaterally with other currencies. This program includes the application of tariffs and export controls.
Trump also mentioned that the dollar has been under a lot of pressure for the past eight years, and some countries such as China, Russia, India, Brazil and South Africa have discussed reducing their dependence on the dollar in the past year #sanor016CommUNITY #BTC☀