Trump Threatens 100% Tariff on the Bric Bloc of Nations if They Act to Undermine US Dollar

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WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.. Trump says he wants a commitment from the bloc that it will not create a new currency or otherwise try to undermine the U.S. dollar.

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