Last Updated:January 31, 2025, 08:30 IST
Trump had earlier warned the BRICS nations, comprising Brazil, Russia, India, China and South Africa, from taking any action to replace the US dollar.
United States President Donald Trump has threatened BRICS group nations with a 100% tariff. (AP Image)
United States President Donald Trump on Thursday said that his government needs a commitment from the BRICS member countries that they will neither create any new BRICS currency nor support any other currency which will replace the US dollar. Trump said that if the countries decide to do so, they will face 100% tariffs.
Taking to his social media platform Truth Social, Trump 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 Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!" he added.
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…— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) January 31, 2025
Trump had earlier warned the BRICS nations, comprising Brazil, Russia, India, China and South Africa, from taking any action to replace the US dollar.
Location :Washington D.C., United States of America (USA)
First Published:January 31, 2025, 08:04 IST
News world 'Say Hello To Tariffs, And Goodbye To America': Trump Again Threatens BRICS Nations Over US Dollar, Demands Commitment