President Donald Trump threatened another 10 nations with tariffs as he prepares to hit Canada and Mexico with increases.
'Go find another sucker,' he railed on Truth Social in an attack on the BRICS countries.
He warned the nations against replacing the U.S. dollar as a
reserve currency and said if they did, he would slap 100% tariffs on them.
'The idea that the BRICS Countries are trying to move away
from the Dollar, while we stand by and watch, is OVER.
We are going to require a commitment from these seemingly
hostile 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,' he wrote.
It's part of a long line of threats Trump is making as he uses his
authority to assert American power across the world and looks
to shore up the U.S. economy.
BRICS is a term that was originally coined to describe the
emerging economies of Brazil, Russia, India and China.
They've since formed an official international organization that also includes South Africa, Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia.
The grouping does not have a common currency,
but long-running discussions on the subject have gained some momentum after the West imposed sanctions on Russia over
the war in Ukraine.
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