Summary

Trump has threatened BRICS nations with 100% tariffs if they attempt to replace the US dollar as the global reserve currency, calling them “seemingly hostile countries.”

BRICS, which includes major economies like China, India, and Russia, has been discussing an alternative reserve currency, especially after Western sanctions on Russia.

The power of the US dollar in the world has strengthened recently. It remains the world’s primary reserve currency and there is a huge worldwide reliance on it.

  • FaceDeer@fedia.io
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    6 hours ago

    There are more things going on in the world than the United States. Countries can focus on more than one issue at a time.

    Besides, if the US goes the “tariff everyone! Yay isolationism!” Route then the rest of the world doesn’t need to do anything. The US will have defeated itself for them.