Trump threatens 100% tariffs on BRICS nations over dollar undermining

Donald Trump, the elected president of the United States, has threatened to impose a 100% tariff on BRICS nations if they undermine the U.S. dollar. The BRICS group includes Brazil, Russia, India, China, South Africa, and others. Trump's warning comes as BRICS countries express frustration with U.S. financial dominance. They are exploring alternatives to the dollar for international trade, a process known as de-dollarization. In a recent post, Trump stated that BRICS nations must commit to not creating a new currency or face tariffs. This follows his previous threats of tariffs on imports from Mexico and Canada.