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Trump Warns BRICS Eyeing Dollar Alternative: “Say Hello to Tariffs, Goodbye to America”

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Trump Warns BRICS Eyeing Dollar Alternative: “Say Hello to Tariffs, Goodbye to America”
US President Donald Trump acknowledges the crowd before addressing the 2025 Republican Issues Conference at the Trump National Doral Miami on January 27, 2025, in Doral, Florida. (Source: Getty Images)

US President Donald Trump warned that BRICS nations will face 100% tariffs if they attempt to replace the US dollar with their own currency, according to a statement he posted on Truth Social on January 31.

“The idea that the BRICS Countries are trying to move away from the dollar, while we stand by and watch, is OVER,” Trump wrote.

“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 US Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful US Economy. They can go find another sucker Nation.”

He dismissed the possibility of BRICS replacing the US dollar in global trade, stating, “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!”

BRICS, originally formed by Brazil, Russia, India, and China, later expanded to include South Africa, Iran, Egypt, Ethiopia, the United Arab Emirates, and Indonesia.

Previously, Russian officials advised international attendees of the past BRICS summit in Russia’s Kazan to carry cash, highlighting the difficulties arising from Western sanctions.

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