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Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement - Foreign Affairs - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsTrump Issues Stern Warning To BRICS Countries Over Dollar Replacement (909 Views)

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Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Devnetworktv(op): 10:25am On Dec 01, 2024
In a bold statement released on Sunday, U.S. President-elect Donald Trump reaffirmed his stance on the global dominance of the U.S. Dollar, warning the BRICS nations—Brazil, Russia, India, China, and South Africa—against any efforts to move away from the Dollar in international trade.
Trump declared that the notion of BRICS countries trying to replace the Dollar is “over,” and that the U.S. would not stand by idly if such attempts were made. He demanded that these nations provide a clear commitment to refrain from creating a new BRICS currency or backing any other alternative to the Dollar.

“Any country that tries to replace the U.S. Dollar should expect 100% tariffs and say goodbye to selling into the wonderful U.S. economy,” Trump wrote in his Facebook post. “They can go find another ‘sucker,'” he added, making it clear that the U.S. would not tolerate any efforts to challenge the Dollar’s supremacy in global trade.

The post reflects Trump’s ongoing focus on economic nationalism and his approach to maintaining America’s economic power. He emphasized that there is “no chance” the BRICS countries could successfully replace the U.S. Dollar and that nations seeking to do so would face severe consequences, potentially severing trade ties with the U.S. entirely.

The comments are likely to escalate tensions between the U.S. and the BRICS nations, which have occasionally discussed alternatives to the Dollar, particularly in light of global shifts in trade and finance. However, Trump’s position signals a firm commitment to ensuring the Dollar remains the dominant global reserve currency.

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Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Blizzy9ja: 10:29am On Dec 01, 2024
Good
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by immortalcrown(m): 10:30am On Dec 01, 2024
No champion forever. Pocket the threat.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by francisobiabo(m): 10:34am On Dec 01, 2024
Say it louder sir....
immortalcrown:
No champion forever. Pocket the threat.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by chidexleo: 10:35am On Dec 01, 2024
The man, that is what a presidentshould be.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by omowolewa: 10:35am On Dec 01, 2024
Threat is part of bargains, it tests the resilience of others

Economic bullying is gradually fading out, ask France, other options should be considered
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Flangelo12: 10:40am On Dec 01, 2024
How many countries would you fight with?

Brazil
Russia
India
China
South Africa
Iran
Egypt
Ethiopia
UAE
Canada
Mexico.


This is a war Trump can never win.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by rexchazy(m): 10:45am On Dec 01, 2024
Reason why crypto will always strive....People come together to create currency that will help better the international trade but you want to place them on sanctions
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Flangelo12: 10:50am On Dec 01, 2024
Even in Nigeria, Dangote is buying Nigerian crude in Naira.

Trump should stop the threats and begin to think like a strategist rather than a mob boss.

These threats would not work.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by blacksam01: 11:24am On Dec 01, 2024
Flangelo12:
Even in Nigeria, Dangote is buying Nigerian crude in Naira.

Trump should stop the threats and begin to think like a strategist rather than a mob boss.

These threats would not work.
Dangote is not afraid of dollars, he is just out to enforce the Nigerian law dt says local transactions MUST be carried out in local currency
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Flangelo12: 11:29am On Dec 01, 2024
blacksam01:
Dangote is not afraid of dollars, he is just out to enforce the Nigerian law dt says local transactions MUST be carried out in local currency
My post is response to the US Dollar being the preeminent and sole currency for trading of commodities for eons.

The Dollar is losing that status, and threats would only facilitate its demise.

The BRICS nations are far too strong for American bullying.

Trump should understand he's not running the Gambino crime family.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by blacksam01: 11:36am On Dec 01, 2024
Flangelo12:
My post is response to the US Dollar being the preeminent and sole currency for trading of commodities for eons.

The Dollar is losing that status, and threats would only facilitate its demise.

The BRICS nations are far too strong for American bullying.

Trump should understand he's not running the Gambino crime family.
Yes.. it's a mistake to make threat as it would justify Russia even more....
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by bdon123(m): 1:26pm On Dec 01, 2024
Na trump fit us abeg.....no nonsense
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by bdon123(m): 1:28pm On Dec 01, 2024
Flangelo12:
Even in Nigeria, Dangote is buying Nigerian crude in Naira.

Trump should stop the threats and begin to think like a strategist rather than a mob boss.

These threats would not work.
Naija n US are not mate.Go back to history n see how crude oil exploration started.Crude oil is priced in USD becos exploration started frm US n they are d recognized currency for trading various Grades of crude like WTI,sweet crude etc
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Flangelo12: 2:05pm On Dec 01, 2024
bdon123:
Naija n US are not mate.Go back to history n see how crude oil exploration started.Crude oil is priced in USD becos exploration started frm US n they are d recognized currency for trading various Grades of crude like WTI,sweet crude etc
Swerve.

This topic is above your understanding.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by bdon123(m): 4:26pm On Dec 01, 2024
Flangelo12:
Swerve.

This topic is above your understanding.
Wetin this one dey talk....this is my field n u d one that understands nothing abt international oil n gas.Anyone wit a phone this days dey claim knowledge
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by BuhariAdvocate: 4:29pm On Dec 01, 2024
Werey or probably fake news
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by Flangelo12: 4:32pm On Dec 01, 2024
bdon123:
Wetin this one dey talk....this is my field n u d one that understands nothing abt international oil n gas.Anyone wit a phone this days dey claim knowledge
grin
Clown 🤡.
Re: Trump Issues Stern Warning To BRICS Countries Over Dollar Replacement by FearlessYoruba: 4:40pm On Dec 01, 2024
Dollar will be dumped and there's nothing Donald Trump can do than to wail and cry.
1 Reply

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