President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch,

US President Donald Trump warned that BRICS nations will face 100% tariffs if they attempt to replace the US dollar with their own currency, according to a statement he posted on Truth Social on January 31. “The idea that the BRICS Countries are trying to move away from the dollar, while we stand by and watch, is OVER,” Trump wrote.

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

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.

In a statement on Truth Social Thursday, Trump reiterated a threat from November 2024, pledging to impose 100 per cent tariffs on any BRICS country that seeks to challenge the dollar's dominance

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was and never had been such a plan.

US President Donald Trump has warned BRICS nations against introducing a new currency or backing an alternative to the U.S. dollar. He stated that if they proceed, they would face 100% tariffs.

US President Donald Trump on Thursday threatened the BRICS group of emerging economies with tariffs of 100% if they move away from the US dollar as an international means of payment. "The idea that the BRICS Countries are trying to move away from the Dollar,

US President Donald Trump has promised to impose 100% tariffs on the BRICS nations if they decide to create their own currency to replace the US dollar. Source: Trump on Truth Social, as reported by European Pravda Quote from Trump: "The idea that the BRICS Countries are trying to move away from the Dollar,

WASHINGTON: US President Donald Trump reiterated Thursday his threat to place 100 percent tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico. Trump had previously threatened 100 percent tariffs on BRICS nations - a bloc including Brazil,