Trump to protect the dollar

 DC Daily Journal:

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“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump declared on Truth Social.

The acronym BRICS refers to its founding members: Brazil, Russia, India, China, and South Africa.

Trump added, “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 US Economy.”

Founded in 2011, BRICS has grown to include Iran, the United Arab Emirates, Ethiopia, and Egypt, with Saudi Arabia set to join soon.

Over 30 other nations have expressed interest in aligning with the economic bloc.

Last year, Brazilian President Luiz Inácio Lula da Silva floated the idea of a unified BRICS currency, akin to the euro, to decrease reliance on the dollar.

Such a system could enable member nations like Russia, China, and Iran to sidestep Western sanctions and strengthen China’s global influence while challenging U.S. dominance.

While the concept has gained attention, experts remain skeptical that the diverse BRICS nations — each with unique economic and political priorities — can unite around a single currency.

Nevertheless, Trump’s threat of tariffs underscores his administration’s determination to block any attempt to weaken the dollar’s global role.
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I will not be trading my dollars for BRICS.  None of the BRICS countries have an economy equal to that of the US. 

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