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President-elect Donald Trump has threatened to impose a 100 percent tariff on the BRICSgroup nations if they undercut the US dollar.
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“We require a commitment… that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 percent Tariffs,” Donald Trump wrote on his Truth Social website, referring to the grouping that includes Brazil, Russia, India, China, South Africa and others.
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