Sunday23 February 2025
good-news.com.ua

Trump claimed he threatened BRICS nations with 150% tariffs if they abandoned the dollar.

U.S. President Donald Trump stated that he threatened BRICS nations with a 150% tariff if they decided to abandon the U.S. dollar for trade transactions or establish an alternative currency. Trump made these remarks during a meeting with Republican governors, which was streamed on NBC News' YouTube channel on February 21.
Трамп сообщил, что угрожал странам БРИКС повышением пошлин до 150% в случае их отказа от использования доллара.

"Regarding BRICS. They were planning to create a new currency. They might have wanted to use the yuan. Joe Biden [former U.S. President] said it’s a complicated situation. The first thing I said was: any BRICS country that thinks about destroying the dollar will face tariffs of 150%,” Trump remarked.

He added that the U.S. does not need goods from BRICS countries.

"I don’t know what has happened to them. We haven’t heard anything from BRICS countries lately,” Trump continued.

The president also stated that imposing tariffs on imports could lead to a complete elimination of the corporate tax.

"We could completely abolish the corporate tax. Perhaps we won’t even need an income tax system when all this works out,” Trump noted.