Trump threatens a 100% tariff on BRICS countries if they abandon U.S. dollar

Category: Politics

President-elect Donald Trump announced plans to impose a 100% tariff on BRICS countries if they move away from trading in U.S. dollars. He emphasized the importance of the dollar in international trade and warned that any country attempting to create a new currency would face severe economic consequences. The BRICS coalition, which includes major trading partners like India and China, has been discussing reducing dollar dependence, but experts doubt their success due to internal conflicts. Trump also threatened tariffs on Mexico, Canada, and China in response to drug-related issues.

Keywords: Trump, BRICS, tariffs

Source: NBC News

Update At: 12/1/2024

Related Sources

Cummings' dreams of Olympic medal dashed

Voter disappointment with Biden leads to a shift towards independent and Republican candidates, raising questions about future voting decisions.

Grand Haven Tribune

US, world leaders denounce Paris Olympics opening ceremony's mocking of Last Supper

U.S. and world lawmakers are criticizing the Olympic Games' opening ceremony for featuring drag queens and artists in a portrayal of the Last Supper, calling it an insult to Christians. Prominent figures like Mike Johnson and Marjorie Taylor Greene expressed their outrage on social media, while Italy's Deputy Prime Minister and Hungary’s ambassador also condemned the event. Piers Morgan questioned the appropriateness of the performance, highlighting concerns over religious mockery.

FOX 10 News Phoenix

Venezuelans vote in election challenging Maduro's grip on power

Venezuelans are voting in a critical election, with Nicolás Maduro facing significant opposition from Edmundo González. Concerns about election integrity persist, especially after Maduro's controversial re-election in 2018. Despite government intimidation, the opposition remains optimistic about their chances, as this election marks a rare unification against Maduro. The outcome could impact the return of millions of Venezuelan exiles.

BBC News

Venezuelans vote in crucial election as opposition challenges Maduro

Venezuelans voted in a pivotal presidential election where Nicolas Maduro faces significant opposition, particularly from the Democratic Unitary Platform. Despite government repression and disqualification of key candidates, the opposition remains resilient. The election occurs amid severe economic collapse and concerns over fairness, with the military's response to the outcome being crucial.

CNN

Venezuelans vote in election that could oust an autocrat

Venezuelans are preparing to vote in a crucial election that could end Nicolás Maduro's authoritarian regime. The opposition, led by candidate Edmundo González, aims for a decisive victory to force Maduro to accept the results. Despite the electoral process being heavily controlled by Maduro's government, there is hope for a peaceful transition, with potential support from the United States. The election is seen as a pivotal moment for Venezuelan families and the future of the nation.

The Washington Post

‘Iron Lady’ vs. Autocrat: Venezuela Faces Existential Vote for President

Sunday's election in Venezuela could end 25 years of socialist rule, with María Corina Machado's coalition backing Edmundo González against Nicolás Maduro. The election is marked by high stakes, potential voter suppression, and a divided populace, with both sides claiming they have the numbers to win. The outcome could lead to a democratic transition, consolidation of Maduro's power, or increased conflict. The election process has faced significant challenges, including difficulties for expatriates to vote and allegations of manipulation.

The New York Times

The Latest: Venezuela chooses between another presidential term for Maduro or a big change

Venezuelans are voting to decide between extending Nicolás Maduro's presidency for another six years or supporting his opponent, Edmundo González, amid a backdrop of economic collapse and political unrest. The opposition, previously fragmented, has united behind González, who represents a coalition of parties. Voter turnout is high, with many expressing a desire for change and better living conditions. However, there are reports of electoral irregularities and access issues for party representatives at polling stations.

ABC News

Venezuela votes in election that could end 25 years of socialist rule

Venezuelans face a critical presidential election that could end 25 years of socialist rule, with opposition candidate Edmundo González Urrutia challenging incumbent Nicolás Maduro. Despite hope for change, the election is marred by irregularities, including barred candidacies and limited voter registration, particularly for exiles. Observers note that the election is heavily skewed in favor of Maduro, raising concerns about the legitimacy of the process.

The Guardian

Venezuela votes as opposition challenges Maduro’s grip on power

Venezuela's presidential election has opened with 21 million registered voters as incumbent Nicolas Maduro faces significant opposition amid a severe economic crisis. Voters are seeking change, with long lines reported at polling stations. Maduro's main challenger is Edmundo Gonzalez Urrutia, following the disqualification of Maria Corina Machado. Concerns about the fairness of the election persist, with Maduro asserting the integrity of the electoral process while facing accusations of fraud and economic mismanagement.

Aljazeera.com

With strong political mobilization, Catholics hopeful about opposition’s victory in Venezuela - OSV News

Catholics in Venezuela are hopeful for change as the presidential campaign ends, with many expected to support opposition candidate Edmundo González Urrutia. Despite years of persecution under Nicolás Maduro's regime, organized prayer groups have mobilized voters. Analysts predict a significant victory for González, driven by a desire for an end to the economic crisis and state repression. The church has actively encouraged participation in the elections, emphasizing the importance of voting to counter potential fraud.

Our Sunday Visitor