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Trump threatens 100% tariff on Brics nations if they try to replace dollar

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GUEST – Prof Patrick Bond - Political economist

US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar.

"The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER," Trump wrote on social media on Saturday.

2 Dec 2024 1PM English South Africa Business News · Investing

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