President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

US President Donald Trump has fired a shot across the bow of the BRICS alliance, threatening to impose a sweeping 100 per cent tariff on any country attempting to undermine the US Dollar.

Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Currently, the group does not have a common currency, but discussions on the subject gained some momentum after the West imposed sanctions on Russia over the war in Ukraine.

Russia warned that U.S. efforts to enforce dollar use could backfire. The BRICS nations, while discussing a common currency, are unlikely to replace the dollar, as Trump threatens 100% tariffs on countries attempting to do so amid U.

President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar.

He has also threatened Canada and Mexico with tariffs.US President Donald Trump threatened BRICS member states with 100% tariffs on Thursday to dissuade them from replacing the US dollar as reserve currency.

US President Donald Trump on Friday issued a warning to BRICS nations, threatening 100 per cent tariffs on their exports if they attempt to replace the US dollar as the dominant currency in international trade.

Donald Trump: "There is no chance that BRICS will replace the US Dollar in International Trade or anywhere else, and any Country that tries should say hello to Tariffs and goodbye to America!"

US President Donald Trump has threatened to impose 100% tariffs on BRICS member states if they move to replace the US dollar as the world's reserve currency. The warning, issued on Thursday, echoes a statement he made shortly after his election victory in November 2024.

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.

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

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