The threat of BRICS creating a new currency or backing something other than the U.S. Dollar as the world reserve currency has hung over America since Joe Biden was installed. President-Elect Donald Trump threw down the gauntlet today with a threat that will resonate across the globe.
He went full Beast Mode.
As he posted on Truth Social:
The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.
100% tariffs. That’s essentially a death penalty for pretty much any nation that relies on exports because the United States is by far the world’s largest consumer. Critics will say that such tariffs will increase costs for Americans, but they’re missing the point. This isn’t about raising tariffs. It’s about preventing the collapse of the U.S. Dollar.
President Trump just announced that he will impose a 100% tariff on all products from countries that join BRICS or try to replace the U.S. dollar in international trade.
This is about to cause worldwide panic.
AMERICA IS BACK BABY! pic.twitter.com/HR0k3ePoSU
— George (@BehizyTweets) November 30, 2024
De-dollarization has been on the horizon since the Biden regime weaponized SWIFT against Russia following their invasion of Ukraine. But the Ruble only suffered temporarily before becoming stronger than ever. The move prompted many nations to seek a safer alternative; if the United States was willing to use control of international commerce to punish another nation, then an alternative needed to be found.
This move by President Trump changes the calculus completely.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
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