The Kremlin rejected this Friday the repeated threat of the president of United States, Donald Trumpto impose tariffs on the group of BRICS countries if he created his own currency. They affirmed that such a plan never existed and that an idea is to create a joint investment platform.
Kremlin spokesman Dmitri Peskov said that BRICS, of which Russia is a memberI was not talking about establishing its own currency, but simply to create joint investment platforms. “It is not the first time that Trump makes these types of statements, it is not new. There were already statements of this type before, when he was barely elected president,” Peskov told reporters.
What does Kremlin say after Trump’s threats
“The point is that BRICS is not talking about creating a common currency, nor has he ever done. He is talking about creating new platforms that allow joint investments in third countries, mutual investments, etc., “said Peskov.
“American experts probably have to explain the BRICS agenda in more detail to Mr. Trump,” he added. The Kremlin said in December that Any attempt by the United States to force countries to use the dollar would be counterproductive After Trump made the same threat against the BRICS.
The Bric group initially included Brazil, Russia, India and China, but since then it has expanded to other countries. The group does not have a common currency, but the long debates about doing more business in national currencies have gained impulse after the West imposed sanctions on Russia for the Ukraine War.
Donald Trump imposes 25% tariffs on Canada and Mexico: possible impact on the price of oil
The President Donald Trump announced that as of Saturday they will enter into force 25% tariffs on the products of Canada and Mexicoin an attempt to curb illegal immigration and smuggling of chemical substances used in fentanyl production. However, still The possibility of including oil within these measures is evaluated, a decision that, according to Trump, will be taken in the next few hours.
“We could do it or not,” said the president in the Oval Hall, pointing out that its determination will depend on whether oil prices from these countries are fair. He also warned that tariffs “may or may not increase”, without ruling out future modifications in their commercial policy.
Trump will impose 100% tariffs at the BRICS if they leave the dollar
The president of the United States, Donald Trump, reiterated this Thursday Its strong tariff threats to deter Brics (emerging powers) to replace the US dollar. “The idea that BRICs countries are trying to get away from the dollar, while we stayed with crossed and observed, it has ended,” he wrote on his social social network.
Trump said that the United States will “demand” a commitment of these countries that they will not create a new “BRICS” or support any other currency to replace the “powerful US dollar.” “Otherwise, they will face 100 % tariffs and must say goodbye to sales to the wonderful US economy “he added.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
