President-elect Donald Trump threatened to impose a 100% tariff on the BRICS countries if they move away from using the U.S. dollar in trade. The BRICS alliance, which includes Brazil, Russia, India, China, and South Africa, has discussed reducing the influence of the dollar in global trade. Experts are skeptical that BRICS can create its own currency due to internal disagreements and economic differences between member nations. Despite this, some BRICS countries, like China and India, are major trading partners with the U.S. Trump also threatened tariffs on Mexico, Canada, and China to address drug issues. Trump met with Canadian Prime Minister Justin Trudeau to discuss the drug epidemic caused by drug cartels and Fentanyl from China. Mexican President Claudia Sheinbaum stressed the need for cooperation and mutual understanding to address migration and drug consumption instead of threats and tariffs. She denied agreeing to stop immigration into the U.S. during a phone call with Trump. Overall, Trump’s threats of tariffs and his focus on the drug epidemic have sparked controversy and tensions with various countries.
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