Trump warns BRICS: No new currency or face tariffs

US President-elect Donald Trump has warned BRICS nations against creating a new currency to challenge the US dollar, threatening 100% tariffs on nations moving away from dollar dominance. Trump pledged aggressive measures to safeguard the dollar's global reserve status, including tariffs and export controls. Critics argue these policies conflict with reducing the US trade deficit. As Trump prepares to take office, his hardline stance raises concerns about global trade and economic stability.

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By Stephanie Lai

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