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Trump Threatens BRICS Countries Over Abandoning The Dollar - Foreign Affairs - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsTrump Threatens BRICS Countries Over Abandoning The Dollar (15013 Views)

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Trump Threatens BRICS Countries Over Abandoning The Dollar by God1000(op): 7:58am On Dec 01, 2024
So I came across this post on trump's Facebook account and I couldn't just believe it.

Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by God1000(op): 7:59am On Dec 01, 2024
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Chucks13: 8:00am On Dec 01, 2024
I told Putians that Trump nor send Putin dem say I xey lie.

Una eyes go clear soon.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Botragelad: 8:04am On Dec 01, 2024
BRICS is a joke. Trump's a patriot(most of the time), through and through, and he's all about putting America first. You can't have your cake and eat it, according to him, - you gotta choose between the US dollar or watching your economy go down the pan.

It's their call. Trump's made it clear, he won't let anyone mess with the US dollar, and if you're not on board, you're on your own. You have a choice. Choose freedom🦅🦅🇺🇲!
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by MadamVanessa(f): 8:04am On Dec 01, 2024
shocked



Those fóolish countries have no option but to conform to the dominant global power structure or face severe repercussions.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by psucc(m): 8:14am On Dec 01, 2024
And the "small" countries will be shivering by now and asking their big brothers "you hear what DT have said, what do we do?".

MAGA is ready for everything.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by oldguyman:
Initial gra gra, Trump should calm down as no one is buying into his bullying tactics again.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Botragelad: 8:17am On Dec 01, 2024
God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
The BRICS nations are free to make their own decisions. At least the US is not planning to invade them like Russia did to Ukraine for deciding their own future.

Now, if you're gonna chat about ditching the US dollar and reduce reliance, you gotta ask yourself, why are you still using it? The US dollar is still the global reserve currency, and it's hard to see that changing anytime soon.

The BRICS countries still got a long way to go before they can challenge the US, know what I'm saying?
So, yeah, it's all good and well to talk about replacing the US dollar(your choice), but until someone comes up with a viable alternative, it's just chat. The US economy is still the biggest and the strongest, and it's gonna stay that way for the foreseeable future.

Who in their right mind will want to follow Russia after they've proven to be so weak? 😂
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by psucc(m): 8:19am On Dec 01, 2024
Which liberty are you talking about? Even before our very eyes, Ukraine couldn't have the liberty to join NATO but got invaded by Russia. Same Putin wants to create BRICS to rival America.



God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by God1000(op): 8:21am On Dec 01, 2024
Botragelad:
The BRICS nations are free to make their own decisions, But, if you're gonna chat about ditching the US dollar and reduce reliance, you gotta ask yourself, why are you still using it? The US dollar is still the global reserve currency, and it's hard to see that changing anytime soon.

The BRICS countries still got a long way to go before they can challenge the US, know what I'm saying?
So, yeah, it's all good and well to talk about replacing the US dollar(your choice), but until someone comes up with a viable alternative, it's just chat. The US economy is still the biggest and the strongest, and it's gonna stay that way for the foreseeable future.
This is a viable alternative man

If Donald trump actually read a book, he’d learn that neither protectionism nor isolationism work in this 21st century, these countries can do the same tarrif on US as well

You don't know that U.S. arrogance and bullish behavior is the very reason BRICS was formed

He's going to destroy US economy and push allies away, he knows nothing
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Botragelad: 8:33am On Dec 01, 2024
God1000:
This is a viable alternative man

If Donald trump actually read a book, he’d learn that neither protectionism nor isolationism work in this 21st century, these countries can do the same tarrif on US as well

You don't know that U.S. arrogance and bullish behavior is the very reason BRICS was formed

He's going to destroy US economy and push allies away, he knows nothing
Saying Trump doesn't read books is a cheap shot. Lol But, let's focus on the the part we here for.

BRICS is never a viable alternative to the US-led global order as you guys call it, because it's just a loose association of countries with different economic systems, political structures, and interests.
They're not exactly a cohesive unit, if you know what I mean.
The US has been using tariffs and other trade restrictions to protect its interests for ages. It's not like Trump invented protectionism. Lol

Now, about those tariffs. Yeah, other countries can impose tariffs on the US, but it's not a straightforward game of tit-for-tat. The US has a massive economy, and its trade relationships are large. Imposing tariffs on the US would likely hurt other countries more than it would hurt the US. China for one doesn't want that.

Whatever Trump plans to do is his issue. One thing about politics is you can never fully predict the outcome, so keep spectating. Every country will want to place it's interest first, sincerely that's how you survive!
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by OkpaNsukkaisBae(m): 8:40am On Dec 01, 2024
MadamVanessa:
shocked



Those fóolish countries have no option but to conform to the dominant global power structure or face severe repercussions.
So countries like China, Brazil, Egypt and South Africa are foolish because they're pursuing an independent and sovereign foreign policy not influenced by Washington?
Member States in BRICS are using their national currency to conduct international trade because the United States have decided to use the dollar as an instrument of war. If you say they sanctioned Russia because they invaded Ukraine, please tell me who sanctioned the United States when they invaded Iraq🇮🇶, murdered millions of Iraqi citizens looking for non existent weapon of mass destruction?
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by OkpaNsukkaisBae(m): 8:46am On Dec 01, 2024
psucc:
And the "small" countries will be shivering by now and asking their big brothers "you hear what DT have said, what do we do?".

MAGA is ready for everything.
So please which of the BRICS member States are small country?
It will backfire and further isolate the United States with the rest of the Global Majority.
EU and US does not have the market(population) nor do they have the natural resources (oil and gas⛽) to replace what BRICS is bringing to the table. He will be rendering a huge favor to BRICS
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by God1000(op): 8:48am On Dec 01, 2024
Botragelad:
Saying Trump doesn't read books is a cheap shot. Lol But, let's focus on the the part we here for.

BRICS is never a viable alternative to the US-led global order as you guys call it, because it's just a loose association of countries with different economic systems, political structures, and interests.
They're not exactly a cohesive unit, if you know what I mean.
The US has been using tariffs and other trade restrictions to protect its interests for ages. It's not like Trump invented protectionism. Lol

Now, about those tariffs. Yeah, other countries can impose tariffs on the US, but it's not a straightforward game of tit-for-tat. The US has a massive economy, and its trade relationships are large. Imposing tariffs on the US would likely hurt other countries more than it would hurt the US. China for one doesn't want that.

[b][/b]!
At the bolded, I think they understand their differences fully well before going ahead to form the organization, so just leave that to them.

And don't forget that China is also a massive economy and can fight back, Donald trump needs to wake and tread with caution or US consumers will be at the receiving end
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by OkpaNsukkaisBae(m): 8:48am On Dec 01, 2024
psucc:
Which liberty are you talking about? Even before our very eyes, Ukraine couldn't have the liberty to join NATO but got invaded by Russia. Same Putin wants to create BRICS to rival America.
Which international organizations sanctioned the US when they invaded Iraq and Libya. History did not start in 2022.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Watcharena: 8:49am On Dec 01, 2024
God1000:
This is a viable alternative man

If Donald trump actually read a book, he’d learn that neither protectionism nor isolationism work in this 21st century, these countries can do the same tarrif on US as well

You don't know that U.S. arrogance and bullish behavior is the very reason BRICS was formed

He's going to destroy US economy and push allies away, he knows nothing
remind him that brics is already 40% of the world population,producing 47% of the world crude oil
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Botragelad: 8:54am On Dec 01, 2024
God1000:
At the bolded, I think they understand their differences fully well before going ahead to form the organization, so just leave that to them.

And don't forget that China is also a massive economy and can fight back, Donald trump needs to wake and tread with caution or US consumers will be at the receiving end
Who's stopping them from going ahead with the organization? 🤷‍♂️

Yeah China is a massive economy with a magic wand that will wave off it's economic problems, correct?. China's heavily dependent on export so either way they would tread carefully!
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by jUeLiZ: 8:55am On Dec 01, 2024
Chucks13:
I told Putians that Trump nor send Putin dem say I xey lie.

Una eyes go clear soon.
but don't you think it will affect the US economy negatively. Again, this has made the world to now know that the US is afraid of loosing the dollar as the global currency.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by jUeLiZ: 8:57am On Dec 01, 2024
Botragelad:
BRICS is a joke. Trump's a patriot(most of the time), through and through, and he's all about putting America first. You can't have your cake and eat it, according to him, - you gotta choose between the US dollar or watching your economy go down the pan.

It's their call. Trump's made it clear, he won't let anyone mess with the US dollar, and if you're not on board, you're on your own. You have a choice. Choose freedom🦅🦅🇺🇲!
that tariff stuff can be by pass. I think this should be solve diplomatically.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Chucks13: 9:05am On Dec 01, 2024
jUeLiZ:
but don't you think it will affect the US economy negatively. Again, this has made the world to now know that the US is afraid of loosing the dollar as the global currency.
So it's BRICS or CEMENT from a bullier idiot like Putin I should embrace ba?

Hello pls go d get ready for church you are getting m angry already.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by cococandy(f): 9:06am On Dec 01, 2024
God1000:
This is a viable alternative man

If Donald trump actually read a book, he’d learn that neither protectionism nor isolationism work in this 21st century, these countries can do the same tarrif on US as well

You don't know that U.S. arrogance and bullish behavior is the very reason BRICS was formed

He's going to destroy US economy and push allies away, he knows nothing
100 percent convinced his plan is to totally destroy the US economy so his owners can come in and sweep the country for parts. Elon might even introduce his own currency that he controls. Long as Trump and his immediate family get paid, nothing else matters to them.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by emmy512(m): 9:35am On Dec 01, 2024
Imagine China trying to sell their products to us market to earn dollars and then there is a 100 percent tariff.
It'll discourage Americans from buying from them.
And china as exporter dependent on mostly US market would loose a significant share of the American market.

Now also imagine the bric nations buying from themselves with their own currency.
Imagine India paying rubees to Russia for products and the Indian rupee looses value, who then looseshuh

There's a reason Gold is like the default if currencies and it's same reason US dollar is the default for trades.
No matter where you go, a dollar is a dollar
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by jUeLiZ: 9:37am On Dec 01, 2024
Chucks13:
So it's BRICS or CEMENT from a bullier idiot like Putin I should embrace ba?

Hello pls go d get ready for church you are getting m angry already.
I'm already in church since 7 am.

I'm angry over what exactly. You think I support BRICS?
Lmao. I actually want BRICS dedolarisation agenda to fail but then again the US has to be careful in its fight against this , else the end up making nasty decisions that will affect their economy.
This ofcos is a trade war, and both sides are sure to suffer casualty.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Jashub: 9:39am On Dec 01, 2024
Us dollar thats not backed by anything ? Trump dey bluff big time
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by rottennaija(m): 11:20am On Dec 01, 2024
First they ignore you.
Then they laugh at you.
Then they fear you.
Then they threatened you.
Then they watch you succeed.
Then they beg.
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by rottennaija(m): 11:25am On Dec 01, 2024
God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
In your wildest dream, did you think US president will talk about BRICS?
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by rottennaija(m): 11:33am On Dec 01, 2024
jUeLiZ:
I'm already in church since 7 am.

I'm angry over what exactly. You think I support BRICS?
Lmao. I actually want BRICS dedolarisation agenda to fail but then again the US has to be careful in its fight against this , else the end up making nasty decisions that will affect their economy.
This ofcos is a trade war, and both sides are sure to suffer casualty.
Why do you want de-dollarisation to fail?
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by smokinloud(m):
Botragelad:
Who's stopping them from going ahead with the organization? 🤷‍♂️

Yeah China is a massive economy with a magic wand that will wave off it's economic problems, correct?. China's heavily dependent on export so either way they would tread carefully!
US is the baba of them all. There are 9 trillion dollars companies on earth and 8 of them are in US. Even Saudi Aramco was founded by Americans in California. All these companies use Israeli developed technology.

Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by smokinloud(m): 12:07pm On Dec 01, 2024
God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
The United States has the autonomy to make its own decisions, even though it's a free nation. Countries that will be at odds with the US will be ready to struggle to thrive, it's a pattern that holds true.

Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by basilico: 12:13pm On Dec 01, 2024
I trust America more than China or Russia as the only superpower.
America , Japan, S Korea and the EU for example have a moral way of doing things, protect rights and freedoms of their people though some of their leaders are selfish.
China and Russia. Are not trustworthy at all, if they had the power America has they would bludgeon weaker nations
China is not charitable at all like the countries I mentioned
Re: Trump Threatens BRICS Countries Over Abandoning The Dollar by Owologbo(m): 1:56pm On Dec 01, 2024
God1000:
I don't think this will work, countries are at liberty to decide their own future and do anything that serve their national interest first, afterall that's what Donald trump stands for with his America first slogan
It will work.
Those that depends on the US market will pull out when they see the devastating effects of the tariff.
By the time 3 to 5 countries pull out, their morale will drop.
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