Donald Trump’s BIG warning to India, China and Russia: “Find another…”

President-elect Donald Trump warned BRICS nations on Saturday against any moves to replace the U.S. dollar, demanding a commitment from the nine-member group that includes India, Russia, China and Brazil. The BRICS countries, founded in 2009, are the only major international group that does not include the United States. Other members include South Africa, Iran, Egypt, Ethiopia and the United Arab Emirates. In recent years, some of its member countries, particularly Russia and China, are looking for an alternative to the US dollar or creating their own BRICS currency. India has not yet been part of the move.

On Saturday, Trump warned the BRICS countries against such a step.

“The idea that the BRICS are trying to move away from the dollar while we watch is OVER,” the president-elect said in a post on Truth Social, a platform he owns.

“We require these countries to commit to neither creating a new BRICS currency nor supporting any other currency to replace the powerful US dollar, otherwise they will face 100 percent tariffs and should expect to withdraw from sales to say goodbye to the wonderful US economy,” Trump warned.

“You can find another ‘sucker!'” “There is no chance that the BRICS will replace the US dollar in international trade, and any country that tries should say goodbye to America,” he said . At the 2023 summit in South Africa, the BRICS countries committed to examining the feasibility of a new common currency. Brazilian President Luiz Inacio Lula de Silva made a suggestion in this regard.

India, a key pillar of the BRICS, has said it is against de-dollarization.

“… ask about de-dollarization as a possibility for the world. India has at times expressed interest in an alternative currency. It can serve as a backup mechanism. I’m wondering how you view what you see as the role of the currency at the moment, the dollar and these discussions about your national policy? said India’s Foreign Minister S. Jaishankar during his appearance at the Carnegie Endowment for International Peace this fall.

“I think you are confusing us with someone else because we have never actively targeted the dollar. This is not part of our economic policy, nor our political or strategic policy. Some others may have done it,” Jaishankar said.

“What I am about to tell you is a natural concern there. We often have trading partners who don’t have dollars to take with them. Now we have to consider whether we should avoid doing business with them or find a solution that works differently. So I can’t say it’s a malicious intent towards the dollar in business. “We’re trying to do our business,” he said.

“Sometimes you make it difficult to use dollars. We have some trading partners that your policies make trading in dollars difficult with. Of course we have to look for workarounds. But for us, when we talked about the realignment, we talked about several things. “Obviously, all of this will also have an impact on currencies and economic needs,” the Foreign Minister said on October 1 this year.

(Except for the headline, this story has not been edited by DNA staff and is published by PTI.)