Trump warns of imposing a 100% tariff on BRICS countries if they move away from U.S. dollar

President-elect Donald Trump threatened to impose a 100% tariff on the BRICS coalition of non-Western countries if they move away from trading using the U.S. dollar. The BRICS alliance, including Brazil, Russia, India, China, and South Africa, had discussed reducing the influence of the dollar in global trade. Experts are skeptical that the BRICS countries would succeed in creating their own currency due to internal conflicts and economic differences. Trump also mentioned imposing tariffs on Mexico, Canada, and China to address issues such as the fentanyl crisis and drug trafficking. Canadian Prime Minister Justin Trudeau met with Trump at Mar-a-Lago, with Trump emphasizing the need to combat drug-related issues arising from China and the drug cartels. Mexican President Claudia Sheinbaum expressed the importance of cooperation rather than tariffs to address migration and drug consumption. Amid conversations and controversies regarding potential tariffs and immigration policies, leaders continue to discuss ways to tackle shared challenges.

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