100% tariffs on BRICS countries if they try to replace US dollar: Donald Trump issues warning

Washington: US President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100 per cent tariffs.

"We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 per cent Tariffs, and should expect to say goodbye to selling into the wonderful US Economy," Trump wrote on his social media platform, Truth Social.

He also later posted the same on X.

"They can go find another 'sucker'. There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America."

With DH Web Desk inputs