US President-elect Donald Trump has warned BRICS nations of 100% tariffs if they attempt to replace the dollar in international trade, emphasizing the dollar's status as the world's reserve currency.
The dominance of the US dollar, used in nearly 80% of global trade, provides the United States with significant economic advantages and geopolitical influence.
Emerging economies within BRICS are accusing the United States of using its currency as a political weapon, seeking to diminish dependence on the dollar and proposing a common currency.
With ongoing conflicts like the war on Gaza and Nigeria's economic reforms, the stability of various economies remains uncertain, creating an atmosphere of volatility in global trade.
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