Kremlin spokesperson Dmitry Peskov addressed U.S. President-elect Donald Trump‘s warning regarding potential tariffs on BRICS nations should they establish their own currency. Peskov stated on Monday that any U.S. efforts to force countries to adopt the dollar would ultimately be counterproductive.
He noted that the dollar’s status as a reserve currency is diminishing for numerous nations, and this trend is accelerating.
On Saturday, Trump insisted that BRICS members refrain from developing a new currency or endorsing an alternative to the U.S. dollar, threatening them with 100% tariffs if they did not comply.
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