in the world of international business disagreements are common however nothing compares to what is coming Trump has vowed to impose a 100% penalty on countries that do not use the dollar as their trading currency he made this statement in reference to the brcs who are planning to create a new currency for trading among themselves and with other countries in this case the countries that form the brcs would stop using the dollar resulting in less profit for the United States the bricks are composed of five countries each represented by a letter B for Brazil R for
Russia I for India C for China and S for South Africa additionally other countries have been invited to join this Alliance but they have not yet accepted the invitation we discussed the bricks plan to move away from the dollar in an exclusive video that you can easily find in the description of of our video make sure to watch it later in light of the bricks plan to stop using the dollar for international Commerce the newly elected president Donald Trump was not pleased and has promised to impose a 100% tax on these countries should they proceed
with their plan in a recent interview at an event in Russia a reporter asked Russian President Putin what he thought of Donald Trump's stance now you'll see his response and how he intends to react check it out that is if you can watch development recently Mr Trump has not yet reached his White House to his because many guests may not know that our White House is near us where the government works good decisions are made there and different decisions are made there in Washington so he has already stated that if the brick states use or
do not use the dollar then he will introduce 100% Duty against all these states and this perhaps is one such threat to the state in general Americans have had a nightmare about specific Banks we will Banks punish companies in this way in this way in order to state in the forehead that states will be punished and all products will be taxed 100% one for a newly elected president we all know that Americans are very sensitive to this topic because America's strength is in the dollar of course because investing money in dollars if there is no
dollar with its positions will only fail the American economy with its huge debt with the fact that as it were the dollar brings huge profits to Banks and so on is that what you think of the new president's move won't what you said finally undermine confidence in the United States in its policies in its Financial system will find the Briggs countries and other states even faster to flee from the dollar and get rid of this system first of all I agree with with you about the use of the dollar as the world currency brings the
United States has a lot of unearned money according to our experts somewhere in the last 10 years they received approximately $10 trillion just like that from heaven for the facts of use the dollar as the world's Reserve currency well it's on bets on placements in their Banks there and so on 10 trillion is decent very much it means that they consume more than they produce this is a very important thing that is in fact the United States at the expense of the dollar continues to exploit other economies of the world in its favor few people
think about it but it is a fact and on that part I agree with you it's one now two you said that the son of president-elect trump has threatened that those who do not use the dollar he will impose sanctions against them there and increase tariffs as far as I know he didn't say that I understand that everything that has to do with the United States causes a certain certain reaction in us as far as I could see however I had no time to particularly look at what was happening somewhere beyond the hill but nevertheless
I paid attention to it he said that if someone forbids the use of the dollar and restricts it he will react accordingly it's not the same thing it is one thing to prohibit the use of the dollar and another thing to another don't use it you know these are different things completely that's why 2 to three after all the newly elected president has not been in the same position for 4 years during this time changes have occurred in the economy in the world and in the American economy his political opponents have done a lot to
undermine the dollar as the world Reserve currency and first of all they did it with their own hands using the dollar as an instr inent of political and maybe even armed struggle in order to cause damage to other countries which are still in power in the Soviet Union but exist as their enemy we have never considered them they suddenly decided that we adversaries began to impose restrictions and taking into account the fact that the share of sa in the world economy is decreasing and therefore the influence of the Dollar on world economic processes is also
decreasing processes associated with the use of other instruments naturally occur for example on bitcoin who can ban it completely no one AA the use of other electronic electronic means of settlement who can ban anyone because these are new technologies and whatever happens whatever happens with the dollar these tools will evolve one way or another because everyone will strive to reducing costs and enhancing reliability is an unavoidable process that must be navigated lead 10 has nothing to do with it at all but if there is a further continuation reducing the use of the dollar in the
world and with their own hands they will of course undermine the basis of their economic power that's pretty obvious I completely agree with you here ultimately here we are at last we never declined the dollar did we reject it no we refused its usage yet we refused it and they acknowledge they struggled and confronted the inherent issues of the dollar itself now it's crucial to contemplate our next steps all of this stems from a confidence built through exclusion this is equally unacceptable in the economic realm understanding the world's ongoing processes is vital and it is
upon this understanding that we must structure our policies even internationally observe the natural occurrences in various Nations countries even unwavering allies of the United States are decreasing their gold and foreign exchange reserves in dollars and Euros it's noteworthy that this reduction has spanned the last decade the reduction was approximately 133% this is a significant amount this phenomenon transpires naturally and no one he can't reverse these processes particularly using sanctions and coercive approaches that are detrimental to the economy and those who initially accept it creating widespread and long-term consequences thank you very much for a new
conversation with him our regiment will tell the project so he didn't wave a person who has advice and recommendations is activated I didn't need it okay
