Reported about 10 hours ago
US President-elect Donald Trump has issued a warning to BRICS nations, insisting they commit to not developing a new currency that could compete with the US dollar. He threatened a 100% tariff for those who defy this demand, emphasizing his stance against countries moving away from the dollar, which he aims to maintain as the world's reserve currency. Trump's administration is considering various measures to penalize nations engaging in trade outside of the dollar.
Source: YAHOO