And so, we’ve come to the point where the ‘mean tweets’ are fully back, and President-Elect Donald J. Trump is dishing out policy initiatives and warnings to actors around the world via his own postings.
Today (30), Trump’s target was the BRICS countries: – Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.
The ‘multipolarity’ initiative, while almost a decade old, took great impulse during Joe Biden’s Administration from hell, in which the absolute lack of leadership and national project opened the doors for other solutions in the world’s arena.
In today’s post, Trump demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar.
If they do that, they face 100% tariffs and potentially lose access to the American market.
Here’s what Trump wrote:
“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER.
We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.
They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.”
We can note that the President-Elect did not say that BRICS Countries moving away from the Dollar is over. What is done with is the US inertia and lack of response – the ‘stand by and watch’ is OVER.
So, Trump wants ‘a commitment’ from these countries, or else they will face monster tariffs.
“They can go find another ‘sucker!’”, he wrote, taking back a theme from the first term, that the US trade partners take advantage of dumb American policies by Democrats.
The ultimate threat is the total loss in a trade war, in which the BRICS countries lose access to American consumers.
One of the catches will be guaranteeing that the US Dollar remains ‘mighty’, since it’s been printed like mad, and lost a great amount of its former value.
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