Crux Decode: Will Trump’s ‘100% Tariffs’ Threat To BRICS Spark A Trade War And Destabilize Markets?

In a recent statement, US President-elect Donald Trump issued a stark warning to the BRICS nations—Brazil, Russia, India, China, South Africa, and newly added members Iran, Egypt, Ethiopia, and the UAE—threatening to impose 100% tariffs on their goods if they proceed with plans to establish a new BRICS currency that could rival the US dollar. This is being viewed by Washington as a direct challenge to the dollar’s dominance in global trade and finance. Trump’s assertion that he would impose such drastic tariffs raises questions about the practicality of imposing such tariffs. The idea of imposing 100% tariffs is seen as unrealistic by many economists and trade experts. Watch the video to know more. %tariffsn18oc_world n18oc_crux