Russia has said the group is not a rival to the US, but attempts at intimidation won’t be tolerated
President Donald Trump has claimed that BRICS is “fading out fast,” while warning that any attempts by the group to challenge the US dollar will be met with a harsh economic backlash.
Speaking at the White House on Friday, Trump denounced what he called BRICS’ attempts to weaken the dollar. “They wanted to try and take over the dollar, the dominance of the dollar… And I said, anybody that’s in the BRICS consortium of nations, we’re going to tariff you 10%.”
Trump stressed that Washington will spare no effort to preserve the dollar’s hegemony…
Read the full article at RT.COM
