Washington: US President Donald Trump has made a big claim. He said that the BRICS organization has broken down after our tariff threat. Trump said that the BRICS countries were trying to destroy our dollar.
This organization wanted to create a new currency against the dollar. But as soon as I came, the first thing I said was that if any BRICS country takes any step against the dollar, we will impose a 150 percent tariff on it. We don’t want your goods. After this, the BRICS countries broke up.
Donald Trump said that after the threat of 150 percent tariff, we have not heard about BRICS. I don’t know what happened to them?
Donald Trump had threatened the BRICS countries even before assuming the office of the President. After this, he repeated his threat in the month of January. Later on February 13, Trump had said that if the BRICS countries tried to adopt any other currency against the dollar, then America would impose 100 percent tariff on them.
In the meeting of Republican Governors Association, Donald Trump accused BRICS of trying to weaken the US dollar. Trump said that this organization has broken down. He gave a new threat of imposing tariffs on BRICS countries Brazil, Russia, India, China and South Africa. Trump has threatened to impose tariffs up to 150 percent on the countries of the organization if they take any action against the dollar.
BRICS is a big international organization of the world. Currently, 10 countries like Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and United Arab Emirates are included. BRICS was established in the year 2006.
Earlier its name was BRIC. But after South Africa joined it in 2010, it was named BRICS. The headquarters of BRICS is in Shanghai, China. If we talk about power, then BRICS is the third most powerful organization in the world.
