
US President Donald Trump Warns BRICS Nations of 100% Tariffs If They Attempt to Replace US Dollar
Washington, 31st January 2025: Former President Donald Trump has reiterated his warning to Brics nations (Brazil, Russia, India, China, and South Africa) about facing 100% tariffs if they try to replace the US dollar with another currency. He stressed that these countries should “go find another sucker nation” if they attempt to move away from the dollar.
On his Truth Social platform, Trump shared his thoughts, stating, “The notion that Brics countries are attempting to shift away from the dollar, while we just sit back and watch, is over. We will demand these countries commit to not creating a new Brics currency or supporting another currency to replace the US dollar. If they do, they will face 100% tariffs and will no longer be able to sell into the great US economy.”
Trump further emphasized that any country attempting to undermine the US dollar’s global trade dominance would face severe economic consequences, declaring, “They can find another country to do business with. There is no way Brics will replace the US dollar in international trade. Any nation attempting this should expect tariffs and say goodbye to America.”
His statement is a clear reaffirmation of his stance on protecting the dollar’s global position, highlighting his strong opposition to financial moves that could diminish US economic influence. Trump had made similar comments during a signing ceremony in the Oval Office, where he warned Brics nations against attempting to de-dollarize the global economy, declaring, “They will immediately give it up, or they’ll face 100% tariffs.”
Before becoming the 47th President, Trump had warned Brics countries about facing heavy tariffs if they sought to introduce a new currency. His latest remarks serve to underline his administration’s efforts to maintain the US dollar’s dominance in international trade.
At the 15th Brics Summit in 2023, Russian President Vladimir Putin emphasized the group’s desire to reduce reliance on the dollar, advocating for settlements in national currencies and greater cooperation between their banks.