Trump threatens 100% tariffs on Brics states if dollar undermined
Dropping the dollar would not be acceptable, says incoming president
01 December 2024 - 19:57
UPDATED 01 December 2024 - 23:00
SA’s presidency of the Group of 20 (G20), a club including the world’s wealthiest nations, got off to a rocky start at the weekend after US president-elect Donald Trump threw down the gauntlet to the Brics bloc.
Trump said on social media that Brics countries — including SA — would not trade with the world’s largest economy if the bloc tried to replace the dollar as global reserve currency...
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