Trump Warns BRICS with 100% Tariff Threat

U.S. President Donald Trump announced potential 100% tariffs on BRICS nations if they pursue their own currency. The warning targets Brazil, Russia, India, and China over their currency plans. This marks a significant stance on international trade policies concerning the dollar.

U.S. President Donald Trump issued a stark warning to BRICS nations on Thursday, threatening 100% tariffs should they attempt to establish their own currency as an alternative to the U.S. dollar.

In response to a question about the BRICS bloc, comprising Brazil, Russia, India, and China, the President emphasized his readiness to impose these severe trade measures.

Trump's comments highlight the administration's firm stance on maintaining the dollar's dominance in global trade and economic relations. This move could further strain international trade relations.

(With inputs from agencies.)