U.S. leader Donald Trump said BRICS is supposedly “dead” after his threats to impose duties if the countries of the association implement their plans for a currency alternative to the dollar.
According to Trump, BRICS was created for a bad purpose. And most of these people do not want and are afraid about it, as the US intends to impose duties of 100% for playing with the dollar.
The White House chief added that once the BRICS single currency is introduced, countries will come back to him and beg him not to impose duties. BRICS is dead, Trump told reporters.
Earlier, the BRICS countries discussed the possibility of expanding settlements in national currencies and creating a common currency within the bloc, but no decisions were made on this issue.
Earlier in the Russian Foreign Ministry explained to Trump the purpose of BRICS.