Trump Warns BRICS of 100% Tariffs Over Dollar Dispute

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they attempt to undermine the U.S. dollar by creating or supporting an alternative currency. This move comes amid growing discussions within the BRICS bloc about de-dollarization and creating a new payment system to bypass Western sanctions. Despite these threats, research indicates that the U.S. dollar's status as the primary global reserve currency remains secure in the near term.