Trump Threatens BRICS -Keep the Dollar or Face the Tariffs

Trump Threatens BRICS: ‘Keep the Dollar or Face the Tariffs’

Trump Threatens BRICS: ‘Keep the Dollar or Face the Tariffs’

Trump Threatens BRICS: President Donald Trump has once again issued a stark warning to BRICS nations, threatening 100% tariffs on countries that attempt to replace the U.S. dollar as the world’s primary reserve currency.

Trump’s Message to BRICS: Stick with the Dollar or Face Tariffs 

In a post on Truth Social, Trump declared:

“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.”

This statement mirrors one he made on November 30, shortly after winning the 2024 presidential election. At the time, Russia dismissed the threat, arguing that any U.S. attempt to force countries to use the dollar would backfire.

BRICS and the Push to Reduce Dollar Dependence

The BRICS bloc—Brazil, Russia, India, China, and South Africa, along with recent new members—has long discussed de-dollarization, especially after Western sanctions on Russia following the Ukraine war. While BRICS does not yet have a common currency, discussions about using alternative financial systems have gained traction.

Despite these efforts, Trump remains confident in the dollar’s dominance, adding:

“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!”

Tariffs as a Policy Weapon

Trump’s tariff strategy is not limited to BRICS. Canada and Mexico are also awaiting his decision on a potential 25% tariff on North American trade, set to take effect on February 1.

Trump is leveraging tariffs as a tool to pressure these nations to take stronger action against illegal drug trafficking—particularly fentanyl—and illegal immigration into the U.S.

Can BRICS Challenge the Dollar’s Dominance?

While economic fragmentation has boosted BRICS’ interest in alternative currencies, the U.S. dollar remains firmly entrenched in global finance.

A study by the Atlantic Council’s GeoEconomics Center found that neither the euro nor BRICS-backed alternatives have significantly reduced reliance on the dollar.

The strong U.S. economy, tighter monetary policies, and global geopolitical risks have actually reinforced dollar dominance in recent years. However, if BRICS continues to explore alternatives, a growing economic battle between Washington and emerging economies could be on the horizon.

Thanks for visiting – Chandigarh News

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Trump Threatens BRICS: 'Keep the Dollar or Face the Tariffs'
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Trump Threatens BRICS: 'Keep the Dollar or Face the Tariffs'
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Trump Threatens BRICS: 'Keep the Dollar or Face the Tariffs'
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