POTUS 45-47thEconomy / FinanceThe Days After...

Suzanne Maresca: Donald Trump Weighs in on the BRICS De-Dollarization Plans

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Donald Trump Weighs in on the BRICS De-Dollarization Plans President Trump plainly laid it out at the Economic Club, saying that countries that stop using the US dollar for trade will face a 100% tariff on all goods that enter the US. Coincidentally, the BRICS alliance is about to have their yearly Summit meeting (October 22-24).  The de-dollarization plans of the member countries might potentially be altered somewhat. You may recall a few months ago, back in the summer, the fifty year agreement with Saudi Arabia to sell oil only in United States Dollars (“USD”) expired.  That was set up…

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