President-elect Donald Trump is threatening 100% tariffs on Brics nations if they act to undermine the dominance of the U.S. dollar. teleSUR
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00:00The Russian government warns that U.S. threats to impose tariffs for the exclusive use of
00:04the U.S. dollar will raise the BRICS' will to trade with their domestic currencies.
00:08The spokesperson of Kremlin, Dmitry Peskov, announced to strengthen the trade policies
00:13of the BRICS agenda following the statements of U.S. President-elect Donald Trump about
00:17imposing trade tariffs on all products of the BRICS countries.
00:21The authority further ensured that the U.S. dollar is no longer enticing as a reserve
00:25currency neither for the BRICS nor for the world.
00:28Moreover, Peskov foresaw that the decline in the use of the U.S. dollar will continue
00:32to take its course.
00:33Subsequently, the BRICS have been debating on the introduction of a joint currency from
00:38August 2023 to reduce dependence on the U.S. dollar and euro in addition to defending the
00:43country's sovereignties.