Trump Warns Nations: Challenge the Dollar and Face Economic Fallout

New Delhi(The Uttam Hindu): In a blunt message, former President Donald Trump has cautioned nations against alternative currencies, threatening them with massive economic repercussions. "We need these countries to commit to not creating a new BRICS currency or supporting any other currency that could challenge the U.S. Dollar. Otherwise, they will face 100% tariffs and should be prepared to lose access to the thriving U.S. economy," Trump said.

The warning comes at a time when Trump is expected to return to the White House in January, fueling fresh concerns over his strident trade policies. The then-presidential candidate promised to safeguard the world leadership of the U.S. dollar, threatening to slap stringent tariffs on nations seeking to reduce their dependence on it. His recent statements betoken an economic nationalist turn, which will likely feature as a core aspect of his next government.