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Trump threatens Brics nations with 100% tariffs if they try replacing US dollar

IndiaTimes Tuesday, 21 January 2025 ()
President Donald Trump has warned Brics nations, including India, that any move to replace the US dollar will result in 100% tariffs on trade with the United States. Trump emphasized severe penalties for reducing the dollar’s role in global trade. India's external affairs minister reiterated no plans for de-dollarisation.
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