Donald Trump continues his aggressive rhetoric against the BRICS bloc, describing it as a serious threat to U.S. economic interests. His statements are accompanied by tariff threats and accusations of undermining the dollar.
Criticism of BRICS and Tariff Threats
Trump expressed sharp criticism of BRICS, calling it a strategic threat to American interests. He stated that if the group became more structured, it would 'end very quickly,' without specifying which countries he referred to.
Import Tariffs and Hard Rhetoric
In his statement, Trump announced a 10% tariff on imports from countries he considers aligned with BRICS' 'anti-American policies.' He also indicated that any effective grouping of BRICS countries would meet a strong response from the U.S.
Fight for Dollar Status and Digital Currencies
Trump continues to insist on protecting the dollar's status as the world's reserve currency. He affirmed that he opposes the creation of a central bank digital currency (CBDC) in the U.S., rejecting a direction actively explored by many countries, including BRICS members.
Trump's rhetoric targeting BRICS may have long-term consequences for the global financial system and contribute to increased volatility in emerging markets, affirming the bloc's resilience in striving to create an alternative financial infrastructure.
