Trump threatens 100% tariffs as BRICS Nations plan to ditch US dollar

U.S. President Donald Trump has delivered a strong warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—regarding their alleged plans to abandon the U.S. Dollar.

In a statement shared on his Truth Social platform, Trump cautioned that if BRICS moved forward with adopting an alternative currency, they would face 100% tariffs from the United States.

He further warned that these nations would lose access to the U.S. market if they successfully replaced the Dollar with another currency.

He wrote: “The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER.

“We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.

“They can go find another sucker Nation. There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America.”