China: Despite Trump’s threats, we continue to strengthen cooperation in BRICS
reported Mehr News Agency, quoted by Ryan News, “Lin Jian”, the spokesperson of the Chinese Foreign Ministry, emphasized that China will continue its cooperation within the BRICS framework regarding the threats of Donald Trump, the president-elect of the United States, against the “BRICS” group. .
On Saturday, Donald Trump threatened the member countries of the “BRICS” group that if they want to introduce a reserve currency as a competitor to the dollar, they will face 100% tariffs.
Trump wrote on his social network known as “Truth Social”: The idea that the BRICS countries will try to distance themselves from the dollar and we will just watch them is over.
He pointed out that he will ask the BRICS countries to pledge not to create a common currency, adding that these countries should also not support any currency as an alternative to the strong US dollar. Otherwise, they will face 100% tariffs.
The president-elect of America added: There is no way that BRICS will replace the US dollar in international trade, and any country that tries to do so should say goodbye to America.
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Previously, the “BRICS” group consisted of Brazil, Russia, India, China and South Africa, and in January, it expanded with the addition of Egypt, Iran, Ethiopia and the United Arab Emirates. About 30 other countries have expressed their desire to join this group of emerging economies. The expansion of this group and the joint cooperation of the member states have caused Washington serious concern.