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.

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.

United States President Donald Trump on Friday reiterated his threat to impose 100% import tariffs on BRICS countries if they moved towards reducing reliance on the US dollar in global trade, reported The Indian Express. In a post on Truth Social, Trump said the US “will not stand idly by” while BRICS countries develop an alternative currency.

Trump had previously threatened 100 percent tariffs on BRICS nations -- a bloc including Brazil, Russia, India, China and South Africa -- if they create a rival to the US dollar, which he doubled down on Thursday night.

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.

Trump’s remarks, made on Thursday via a post on his Truth Social platform, come amidst growing discussions within BRICS—an intergovernmental organization comprising Brazil, Russia, India, China, South Africa,

India's limited local currency trade reduces risk of US tariffs amid BRICS de-dollarisation push, promoting rupee internationalisation.

The US President says if BRICS nations attempt to replace the US dollar in international trade, they can go and find "another sucker nation"

US President Donald Trump has promised to impose 100% tariffs on the BRICS nations if they decide to create their own currency to replace the US dollar. Source: Trump on Truth Social, as reported by European Pravda Quote from Trump: "The idea that the BRICS Countries are trying to move away from the Dollar,

Trump warns BRICS nations as Canada and Mexico await his decision to follow through on a pledge to impose tariffs