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BRICS nation supports Trump's tariff threat by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from BRICS nations or credible news sources reporting on diplomatic stances
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Kremlin's Dmitry Peskov Rejects Trump's 100% Tariff Threat to BRICS Nations Over Currency
Dec 2, 2024, 12:47 PM
The Kremlin has responded to U.S. President-elect Donald Trump's recent threat to impose 100% tariffs on BRICS nations if they establish an alternative currency to the U.S. dollar. Kremlin spokesman Dmitry Peskov dismissed the threat, stating that any attempts to force the use of the dollar would ultimately backfire. Additionally, South Africa's representatives indicated that BRICS has no plans to create a new currency, further underscoring the group's stance against U.S. pressure. This exchange highlights ongoing tensions regarding the dominance of the U.S. dollar in global trade and finance.
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Agree to not pursue new currency • 25%
Proceed with new currency plans • 25%
Negotiate with the U.S. • 25%
No official response • 25%
Brazil • 20%
Russia • 20%
India • 20%
China • 20%
South Africa • 20%
Brazil • 20%
Russia • 20%
India • 20%
China • 20%
South Africa • 20%
Negotiate with the US • 25%
Proceed with de-dollarization • 25%
Seek alternative alliances • 25%
No official response • 25%
Brazil • 25%
Russia • 25%
India • 25%
China • 25%
Significant negative impact • 25%
Moderate negative impact • 25%
No impact • 25%
Positive impact • 25%
Brazil • 20%
Russia • 20%
India • 20%
China • 20%
South Africa • 20%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant action • 25%
Other • 25%
Brazil • 14%
Russia • 14%
India • 14%
China • 14%
South Africa • 14%
Saudi Arabia • 14%
Iran • 14%