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'It's an economic war on Brics nations': Economist Sharad Kohli weighs in on Trump's threat

IndiaTimes Sunday, 1 December 2024
Economist Sharad Kohli views Donald Trump's threat to impose 100% tariffs on Brics nations over de-dollarisation efforts as an economic war on developing countries. Brics countries aim to reduce dollar reliance by introducing a new currency. Trump's stance aims to maintain US dominance, potentially forcing Brics nations to reconsider their plans.
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Video Credit: Oneindia - Published
News video: 'Say Goodbye to America': Trump Threatens 100% Tariffs on BRICS Nations Over De-Dollarisation

'Say Goodbye to America': Trump Threatens 100% Tariffs on BRICS Nations Over De-Dollarisation 03:38

In a bold statement, US President-elect Donald Trump warns BRICS nations that they will face a massive 100% tariff if they continue with their push for de-dollarization, a concept championed by Russia and China. Trump made it clear that any country trying to replace the US dollar in international...

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BRICS BRICS Intergovernmental organization of emerging countries

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Donald Trump Donald Trump President of the United States (2017–2021; since 2025)

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