US President Donald Trump recently issued a strong warning to the Brics nations, a group of emerging economies that includes countries like Brazil, Russia, India, China, and South Africa. Trump made it clear that if these countries attempt to replace the US dollar with their own currency for global trade,

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

Congress MP Shashi Tharoor said that US President Donald Trump’s threats to impose tariffs on BRICS nations “seem empty” as there is no plan to introduce an alternative currency to the US dollar. He said that there is no serious proposal for the BRICS to come up with an

US President Donald Trump on Thursday cautioned BRICS nations against replacing the U.S. dollar as the reserve currency, reiterating a threat of 100% tariffs he had made shortly after winning the November presidential elections.

US President Donald Trump on Friday issued a warning to BRICS nations, threatening 100 per cent tariffs on their exports if they attempt to replace the US dollar as the dominant currency in international trade.

Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Currently, the group does not have a common currency, but discussions on the subject gained some momentum after the West imposed sanctions on Russia over the war in Ukraine.

US President Donald Trump has fired a shot across the bow of the BRICS alliance, threatening to impose a sweeping 100 per cent tariff on any country attempting to undermine the US Dollar.

United States President Donald Trump on Friday reiterated his threat to impose 100% import tariffs on BRICS countries if they moved towards reducing reliance on the US dollar in global trade, reported The Indian Express. In a post on Truth Social, Trump said the US “will not stand idly by” while BRICS countries develop an alternative currency.

In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.

President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar.

While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within its fold and ultimately ditching the dollar, have announced themselves as potential game changers.

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.