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Washington, D.C. – Former U.S. President Donald Trump has issued a strong warning to BRICS nations, threatening 100% tariffs on any country supporting efforts to replace the U.S. dollar in global trade.
In a fiery statement, Trump declared:
“The idea that the BRICS countries are trying to move away from the dollar, while we stand by and watch, is over.”
He emphasized that the U.S. would demand a commitment from BRICS nations—Brazil, Russia, India, China, and South Africa—to abandon any plans for a BRICS currency or alternative reserve system. Failure to comply, he warned, would result in crippling tariffs and restricted access to the 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!”
BRICS Push for De-Dollarization
Trump’s remarks come amid increasing efforts by BRICS to reduce dependence on the dollar, particularly through bilateral trade in local currencies and potential discussions on a BRICS-backed currency. China and Russia have led calls for a multipolar financial system, while recent BRICS summits have explored alternative payment mechanisms to counter Western sanctions.
Economic Implications
If implemented, Trump’s 100% tariff threat could:
• Escalate global trade tensions, particularly with China and India, two of the world’s largest economies.
• Strain U.S. relations with Brazil and South Africa, key BRICS members with strong U.S. trade ties.
• Disrupt global markets, as countries seek workarounds to U.S. economic influence.
While Trump’s stance reflects a hardline America-first policy, the growing de-dollarization push by BRICS suggests that the global financial landscape may be shifting—with or without U.S. approval.
