Trump Claims Countries Abandoning BRICS After Tariff Threats
U.S. President Donald Trump has claimed that countries are abandoning the BRICS group following his threats of tariffs. He accused the group of challenging the dollar's dominance and warned against creating a new currency.
Trump revealed these plans during a White House meeting with Argentine President Javier Milei. He stated that he had informed countries interested in joining BRICS about the impending tariffs. Despite the threats, no countries have officially withdrawn from the group yet.
Trump's comments come after he previously threatened countries supporting the BRICS policy with additional 10-percent tariffs in early July. He deemed the BRICS group as 'quickly losing its significance' and an 'attack on the dollar'. Trump's remarks have sparked speculation about the future of the BRICS group and its members' response to the U.S. tariff threats.
While Trump asserts that countries are leaving the BRICS group, no official announcements of withdrawal have been made. The impact of Trump's tariff threats on the BRICS group's future remains to be seen.
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