Trump Warns BRICS of 100% Tariffs Over Dollar Dispute

President-elect Donald Trump has threatened to impose a 100 percent tariff on BRICS nations if they move away from using the U.S. dollar as their reserve currency. This comes amid discussions among BRICS countries, including Brazil, Russia, India, China, and South Africa, to potentially create a new currency, a move that gained momentum after U.S. sanctions on Russia in 2022. Trump's statement underscores his administration's stance on maintaining the dollar's dominance in international trade.