US President Donald Trump claimed on Friday that the BRICS, which includes India, “broke up” after he threatened 150% tariffs for undermining the dollar.
BRICS is an intergovernmental organisation made up of 10 countries – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.
“BRICS states were trying to destroy our dollar. They wanted to create a new currency. So when I came in, the first thing I said was any BRICS state that even mentions the destruction of the dollar will be charged a 150% tariff, and we don’t want your goods and the BRICS states just broke up,” said Trump.
This is a developing story. It will be updated.
