US President Donald Trump Reiterates Threat of 100% Tariffs on BRICS Nations Over De-Dollarization Efforts
On Monday, US President Donald Trump once again issued a strong warning towards the BRICS nations, stating that any country in the group that continues to move away from using the US dollar in global trade would face 100 percent tariffs on their exports to the United States. Speaking during a signing ceremony at the Oval Office, President Trump emphasized that this should not be seen as a mere threat, but as a clear message of his administration’s position on the issue.
President Trump said, “As a BRICS nation, they’ll have a 100 percent tariff if they even think about reducing the use of the dollar. They’ll have to give it up immediately.” His comments come amid growing efforts by emerging economies to diversify trade beyond the US dollar, seeking more control over their financial transactions.
The US President’s warning follows increased discussions among countries about reducing dependence on the dollar, particularly in trade partnerships and financial deals. Trump’s administration views this shift as a direct challenge to the dollar’s dominance in the global economy, and his statement serves as a clear response to those movements.
Critics argue that Trump’s approach could escalate global trade tensions, as it threatens to deepen economic divides between the US and these emerging markets. Meanwhile, supporters claim that it is a necessary step to protect the stability of the US economy and prevent the erosion of its financial influence.
As these nations continue to explore alternatives to dollar-based transactions, Trump’s declaration highlights the ongoing economic battle over the future of global trade.
