Trump Warns BRICS: 100% Tariffs if They Drop US Dollar

Aakhir Tak – In Shorts

1. US President Donald Trump has warned BRICS nations of 100% tariffs if they abandon the US dollar.
2. Trump declared on Truth Social that America would never accept a new BRICS currency.
3. BRICS includes India, Russia, China, Brazil, South Africa, Iran, UAE, and others.
4. India’s Foreign Minister S. Jaishankar clarified that India does not support a BRICS currency.
5. BRICS aims to reduce reliance on the US dollar to strengthen trade autonomy.

Aakhir Tak – In Depth

Trump’s Strong Warning to BRICS

US President Donald Trump has issued a stern warning to BRICS nations, threatening 100% tariffs if they attempt to replace the US dollar with an alternative currency. Posting on his social media platform, Truth Social, Trump stated, “The idea of BRICS moving away from the dollar is OVER. Any country attempting this will face 100% tariffs and say goodbye to the US market.”

The BRICS Agenda and US Concerns

BRICS—an intergovernmental alliance of Brazil, Russia, India, China, South Africa, Iran, UAE, Egypt, Indonesia, and Ethiopia—has been exploring alternatives to reduce dependence on the US dollar in global trade. The bloc sees a common currency as a way to counterbalance US economic influence and protect member nations from dollar-driven economic sanctions.

How the US Plans to Respond

The US has long opposed any move toward “de-dollarization” by BRICS, viewing it as a threat to its global financial dominance. Trump previously stated, “BRICS cannot replace the mighty US dollar. If they try, they will face severe consequences.” Economic experts suggest that 100% tariffs on BRICS exports could trigger a major trade dispute, impacting industries such as energy, technology, and raw materials.

India’s Stand on BRICS Currency

Amid the escalating tensions, Indian Foreign Minister S. Jaishankar clarified that India has no plans to support a BRICS currency. He stated, “India is not seeking to move away from the dollar but is exploring trade alternatives that best serve its interests.” This comes as India continues to maintain strong economic ties with both BRICS and Western nations.

Aakhir Tak – Key Takeaways to Remember

• Trump has warned BRICS nations of 100% tariffs if they abandon the US dollar.
• BRICS aims to reduce dependence on the dollar and enhance trade independence.
• The US sees any BRICS currency as a direct challenge to its global financial power.
• India has distanced itself from the BRICS currency idea.
• The global economic landscape could shift significantly if BRICS moves forward.

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