Russia has rejected the warnings of the president of the United States, Donald Trump, With respect to possible tariffs on BRICS nations.
At the same time, officials clarified that the group has There is no intention to replace the US dollar with a new currency.
BRICS–a coalition of Brazil, Russia, India, China, South Africa and more countries that joined later—They were in 2009 to promote economic cooperation.
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According to a January 31 reportThe discussions among its members explored ways to strengthen trade, but Russia insisted that Creating a shared currency was not part of the plan.
Dmitry Peskov, Kremlin spokesman, addressed the subject directly, declaring:
The point is that Brics is not talking about creating a common currency, nor has he ever done.
Instead, he explained, the group is Work on new investment projects to support economic growth in developing regions.
In 2023, some BRICS nations, including Brazil, have Suggested Use a shared currency for trade To reduce dependence on the US dollar. In October 2024, Discussions It included a monetary idea backed by gold known as the “unit”.
President Trump, however, made it clear that I would not accept such action. He fixed“The idea that BRICS countries are trying to get away from the dollar, while we stay and observe, it has ended.”
He also warned: “There is no possibility that BRICS replaces the US dollar in international trade or anywhere else, and Any country you try should greet rates And goodbye to America“
President Trump’s comments occurred only one week after signing an executive order on January 23. What highlighted the order? Read the complete story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
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